Latham Represents Fervo Energy Company in US$1.89 Billion Upsized IPO

Fervo Energy has announced the pricing of its upsized initial public offering (IPO) of 70,000,000 shares of its Class A common stock, at a public offering price of US$27.00 per share. The 70,000,000 share offering represents a 14,444,445 share upsize to the originally proposed 55,555,555 share offering. In addition, the company has granted the underwriters a 30-day option to purchase up to an additional 10,500,000 shares of Class A common stock.

Latham & Watkins LLP represents Fervo Energy Company in the offering with a corporate deal team led by Houston partners Ryan Maierson, Nick Dhesi, and John Slater, with associates Rachel Collier, Nicholas Blake, and Madhavi Nambiar. Advice was also provided on employment and benefits matters by Los Angeles partner Michelle Carpenter and Chicago partner Nineveh Alkhas, with associates Aaron Tso, Jocelyn Wexler, and Maddie Bober; on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Brandon Kerns; on public company matters by Washington, D.C. partner William Hackett and New York counsel Irina Yevmenenko, with associates Sara Almousa and Mary Tursi; on tax matters by Houston partner Christine Mainguy, with associates Chris Garza and Allison Esquen-Roca; on litigation matters by San Diego partner Drew Gardiner; on antitrust matters by New York partner Kyra Bromley and Washington, D.C. partner Jason Cruise; on securities matters by San Diego partner Colleen Smith; and on capital markets matters by New York partners Betty Huber, Gail Neely, and Washington, D.C. partner Paul Dudek, with associate Shira Mendelsohn.