#ppa

Fervo declares commercial operation at Cape Station's first 33 MW GeoBlock

Fervo Energy said on October 1, 2026 that the first of Cape Station Phase I's three 33 MW GeoBlocks in Beaver County, Utah declared commercial operation on September 30, 2026, one day before its contractual date, and that revenue is now being generated under a power purchase agreement; the company's August 10-Q risk factors had put first power in the fourth quarter of 2026. Fervo expects the remaining two GeoBlocks to reach contractual COD by January 1, 2027.