Fervo Energy and Google Sign 396 MW PPA
Power purchase agreement marks world’s largest enhanced geothermal PPA to date and is expected to accelerate the delivery of 24/7, carbon-free power from the Cape Station GeoCluster in Utah
HOUSTON, September 1, 2026 – Fervo Energy (Nasdaq: FRVO), a global pioneer of next-generation geothermal energy, today announced a 396-megawatt (MW) power purchase agreement (PPA) with Google to enable the continued development of the Cape Station enhanced geothermal systems (EGS) GeoCluster, expected to come online in 2028. Under the agreement, Google will purchase carbon-free energy designed to serve as a foundational building block for a potential data center in Utah.
As part of the PPA, Fervo will offer Google an option to expand its offtake by approximately 600 MW, for a total of nearly 1 GW, by June 2030. Final data center plans remain subject to a variety of factors including engineering feasibility, state and local approvals, and commercial conditions.
