Business
A Hot IPO Lifts Geothermal Power Companies
Energy startups are in demand on the promise that they will deliver power to artificial-intelligence hyperscalers. The mere prospect of doing so at some time in the future is enough to command multibillion-dollar market capitalizations.
Fervo Energy FRVO -9.76%decrease; red down pointing triangle, a geothermal startup that made its public debut this month, is closer than many to fulfilling that promise.
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