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Bill Gates’s backed Fervo Energy raises IPO target to $1.82bn on $7.4bn

Keyword: Climate Tech
Publisher: The Next Web
Published: May 11, 2026
The geothermal developer increased its share count by 26% and its top-of-range price by about 8% in an SEC filing on Monday. The revision points to the demand for clean baseload power that AI data-ce… [+6146 chars]
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