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Alphabet's Google agreed to buy carbon-free power from Fervo Energy's Cape Station project in Utah, in what the companies call the world's largest enhanced geothermal PPA to date.
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Fervo Energy (Nasdaq: FRVO) announced a 396-megawatt (MW) power purchase agreement (PPA) with Google, a subsidiary of Alphabet Inc. (Nasdaq: GOOGL), to support development of the Cape Station enhanced geothermal systems (EGS) GeoCluster in Utah. The project is expected to come online in 2028. The companies describe the deal as the world's largest enhanced geothermal PPA to date.
Under the agreement, Google will purchase carbon-free energy intended to serve as a foundational building block for a potential data center in Utah. The PPA gives Google an option to expand its offtake by roughly 600 MW — for a total of nearly 1 GW — by June 2030. Final data center plans remain subject to engineering feasibility, state and local approvals, and commercial conditions.
The partnership began with Project Red, Fervo's commercial pilot in Nevada that came online in 2023 and delivers power to the local grid, including Google's data centers in the state. In June 2024, Fervo signed a 115 MW PPA with Google and NV Energy that helped pioneer the Clean Transition Tariff.
The next chapter of advanced power generation technology is being written in Utah. This project will drive meaningful economic benefit to the local community and help catalyze long-term energy cost reductions by making enhanced geothermal more affordable and accessible.
This agreement reinforces that EGS is ready to power the next generation of computing infrastructure. As demand for reliable electricity grows, customers like Google need energy resources that can be deployed at scale, operate around the clock, and deliver where power is needed.
Fervo notes the project involves forward-looking plans subject to regulatory approvals and other conditions. Such statements are not guarantees of future performance, and markets and business outcomes can move differently than anticipated.
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