Fervo Energy Raises $462 Million to Advance Cape Station, Its Flagship Geothermal Project in Utah
The estimated Utah Money Watch valuation of Fervo Energy now stands at ~$5 billion.
T.J. Rodgers, SunPower and the Future of Utah's Solar Power Industry — Part 2: Where This Goes Next
Publisher's Note
This is Part 2 of a two-part Utah Money Watch investigation into the evolving relationship between SunPower, Utah’s solar economy, and T.J. Rodgers. Part 1 was published yesterday.
A Quick Look Back Before Looking Forward
In Part 1 of this two-part writeup, we laid-out
T.J. Rodgers, SunPower and the Future of Solar Power in Utah — Part 1: How We Got Here
Publisher’s Note
This is Part 1 of a two-part Utah Money Watch investigation into the evolving relationship between SunPower, Utah’s solar economy, and T.J. Rodgers. Part 2 is slated to be published tomorrow.
The Headline That Started It All
19 November 2025 — Lehi, Utah — In my experience
Utah’s Life Sciences Summit Returns Wednesday, Courtesy of BioUtah
As BioUtah's Kelvyn Cullimore says, "Utah continues to gain national recognition as a biotech hub and remains one of the fastest-growing (such) hubs in the nation."
12 November 2025 — Salt Lake City— More than 550 attendees are slated to pack the Hilton Salt Lake City Center
Matt Hawkins-Led Waystar Hits $268 Million in Q3 Revs, as the Healthcare Leader Projects its Annual Revenue Will Surpass $1 Billion for 2025
Waystar's market cap stands at ~$7.0 billion (as of intraday trading at 10:20am MT), a valuation jump of over 9.3X since Hawkins was tapped as CEO back in 2017.
Is Logan-based Conservice for Sale at $5 Billion?
Two leading media sources report that the Private Equity owners of Conservice have decided to put the U.S.-leading utility-billing and expense-management platform on the market at up to 20× its expected earnings of $200 million
24 October 2025 — Logan, Utah — The owners of Conservice, Utah’s quietly massive
Qualtrics Announces $6.75 Billion Acquisition of Press Ganey Forsta
With this acquisition, Qualtrics bets that healthcare is the hardest — and best — AI proving ground.
Qualtrics has announced that it will acquire South Bend, Indiana-based Press Ganey Forsta in a deal valued at roughly $6.75 billion.
According to Qualtrics, the transaction is being funded with a mix of cash