Fervo Energy, a geothermal development company, has secured $244 million in a new funding round led by Devon Energy, with participation from Galvanize Climate Solutions, Liberty Mutual Investments, Marunouchi Innovation Partners and Mitsubishi Heavy Industries. Houston-based Fervo Energy was advised by a Vinson & Elkins team led by partners Sarah Morgan and Michael Gibson. Counsel information for the investors was not immediately available.
Industrial, Chemicals & Materials
February 29, 2024, 11:09 AM