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
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
Bridging the AI Chasm Between Hype and Promise
It seems that each day media and social media headlines are trumpeting the transformative power of artificial intelligence (AI).
And clearly for good reason as generative AI models are crafting content on a daily basis and more and more agentic systems are automating complex workflows on a daily basis.
In
BREAKING NEWS: With Funding in Place, Construction has Begun on Clearway Energy's $605 Million Battery Energy Storage Portfolio in Utah's Iron and Beaver Counties
San Francisco, California-based Clearway Energy Group has closed a multi-bank financing package of $605 million allowing it to begin construction of its new multi-site, 320-megawatt Honeycomb battery storage portfolio based in Utah's Iron County and Beaver County.
According to the Clearway news release, its Honeycomb portfolio will be
BREAKING NEWS: The $300 Million Sale of Orem-based US Synthetic Will Enable the $7.8 Billion Acquisition of its Parent Company, ChampionX
On the surface, the news seems pretty straightforward, but it's not.
So here's both the straightforward news, as well as the more complex backstory.
The Straightforward News: Orem, Utah-based US Synthetic is Being Bought for ~$300 Million
Orem, Utah-based US Synthetic is being sold for approximately