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This $100m (!) construction loan from XRC (X-Caliber Rural Capital) is a huge validation for Tim Latimer, David Ulrey & the whole Fervo Energy team, as they progress to putting a massive *400MWe* onto the grid over the next 4 years. The age of advanced geothermal is here. A

Important points from Brian Deese. We need a national strategy for AI and energy demand. Both to ensure we maintain progress on decarbonization, and also to make sure we build the infrastructure we need to stay competitive internationally. heatmap.news/technology/ai-…

If you’ve seen any of the Fervo Energy news this week, you know we are moving fast to get more 24/7 carbon free energy to market and geothermal only accelerates from here. We need great people to join us on this journey and have several open positions. fervoenergy.com/careers/

Vibe shift? economist.com/science-and-te…

More great things happening in Utah!

#Geothermal is so hot right now. This week on SHIFT KEY, we drill in on enhanced geothermal systems with Fervo Energy's Sarah Jewett and ZERO Lab's Wilson Ricks! Get your geofluids flowing with us, wherever you find your pods... 🌎🌋⚡

🤔 Apoorv Bhargava

MitraChem has been selected for $125 million in grants by the U.S. Department of Energy and the State of Michigan (with additional funding anticipated) to advance the manufacturing of Inflation Reduction Act-compliant iron-rich cathode materials in Muskegon, Michigan! prnewswire.com/news-releases/…

Nothing signifies the Geothermal Decade like *two* EGS champions getting recognized on the 2024 TIME100 list. Congrats Tim Latimer and Jesse D. Jenkins! time.com/collection/tim…

Everyone thinks an IP moat is built for a startup by one flashy patent but the only true IP moat is thousands of small but correct decisions based on learning.

How long can you be the “dark horse” in a race until you become, I guess, just the horse?

Big things happening in Milford, UT, and Fervo Energy is proud to be part of it. Including all those burger orders. 🍔 kuer.org/business-econo…

We Fervo Energy are excited for this major step forward for our Project Cape in Utah.

NEW ODD LOTS: We finally had Tim Latimer on. Recorded live at the Deploy24 conference in DC last week. Tracy Alloway and I talked to the Fervo Energy CEO about getting clean energy straight out of the ground and how to finance it. podcasts.apple.com/us/podcast/odd…

Heading into the new year with some fresh new funding! • The opportunistic corporate equity: $135M • Letter of credit and term loan facility: $120M Same all-star team of partners and the same big goal: clean, reliable and abundant power everywhere. fervoenergy.com/fervo-energy-s…