Fervo Energy's first Cape Station GeoBlock reaches commercial operation
Fervo Energy said its first GeoBlock at Cape Station in Beaver County, Utah, reached contractual commercial operation on September 30, 2026, one day before its contractual COD, and is generating revenue under its power purchase agreement. The company said the first GeoBlock achieved 33 MW of net power production, meeting the expected production threshold under the PPA. The filing gives no revenue or earnings figures, and the remaining Phase I GeoBlocks are still being commissioned.
Key points
- First GeoBlock declared commercial operation on September 30, 2026, after grid synchronization on September 24
- Achieved 33 MW of net power production, meeting the PPA's expected production threshold
- Remaining two Phase I GeoBlocks expected to reach contractual COD by January 1, 2027
- Phase II, an additional 400 MW, is under construction with an expected COD in 2028
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.