🟢 Fervo Energy is trading 4.34% up in after-hours trading after a landmark Google power purchase agreement

Fervo Energy is trading 4.34% up at $18.76 after announcing a landmark Google power purchase agreement.

• The 15-year deal covers 396 MW from Fervo’s Cape Station project, with an option to expand purchases by approximately 600 MW.
• Purchases could reach nearly 1 GW by June 2030; the agreement drove the prior session’s rally, while September 2 trading reflected profit-taking before the after-hours rebound.