🟢 Fervo Energy is trading 4.07% up in pre-market after Cape Station began exporting electricity

Fervo Energy is trading 4.07% up at $17.39 in pre-market after Cape Station synchronized with Utah’s electrical grid and began exporting electricity on September 24, 2026. - The milestone is the first utility-scale enhanced geothermal system globally to reach First Power. - Phase I’s first 33-megawatt GeoBlock is expected to reach commercial operations by October 1; Fervo is commissioning the remaining Cape Station units. - Equity futures are modestly positive, but the power-generation milestone is the clearest catalyst.