Fervo Energy, Enhanced Geothermal Startup, Files for IPO

Fervo Energy filed for a Nasdaq listing (ticker FRVO) on April 17, 2026. The Houston company uses drilling techniques borrowed from oil and gas work to create artificial heat reservoirs underground — a method called enhanced geothermal systems, or EGS. The filing reflects growing investor belief that EGS can scale as reliable, weather-independent clean power nearly anywhere.