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State

Drawn / disbursed

Drawn money does not prove the project is fully funded.

Open question

Which money is proposed, conditional, closed or actually drawn, and for what?

  • Not established in reviewed sources: Any federal loan or loan guarantee for Cape Station (none confirmed in reviewed sources)
  • Not established in reviewed sources: Financing for Phase II, which Fervo says needs about $2.2 billion of capital spending
  • Not established in reviewed sources: How much of the Granite facility has been drawn since June 30, 2026
  1. Current stateDrawn / disbursed13 August 2026 · Company reported · Fervo Energy (SEC filing, Form 10-Q)

    Before: Not established in reviewed sources. Source: Fervo Energy (SEC filing, Form 10-Q) ↗

  2. Earlier statementClosed12 August 2026 · Company reported · Fervo Energy (SEC filing, Form 8-K exhibit)

    Before: Not established in reviewed sources. Source: Fervo Energy (SEC filing, Form 8-K exhibit) ↗

  3. Earlier statementClosed12 August 2026 · Company reported · Fervo Energy (SEC filing, Form 8-K exhibit)

    Before: Not established in reviewed sources. Source: Fervo Energy (SEC filing, Form 8-K exhibit) ↗

  4. Earlier statementClosed17 April 2026 · Company reported · Fervo Energy (SEC filing, Form S-1)

    Before: Not established in reviewed sources. Source: Fervo Energy (SEC filing, Form S-1) ↗

Evidence detail

Drawn / disbursed

Amount drawn (outstanding) under the Project Granite facility as of June 30, 2026 (partial draw of about $421.4 million in commitments)

Drawn money does not prove the project is fully funded.

“As of June 30, 2026, total outstanding borrowings under the Project Granite Facility were approximately $212.3 million”
Attribution
Company reported
Publisher
Fervo Energy (SEC filing, Form 10-Q)
Dated
13 August 2026
First public disclosure
13 August 2026
State before
Not established in reviewed sources
Detail
Debt
Detail
About USD 212.3m
Source read
11 November 2026

Inspect primary source: Fervo Energy (SEC filing, Form 10-Q) ↗

What this does and does not establish

An exact passage match shows the source says this. It does not prove the underlying claim is true.

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