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.
NEWS BRIEF: Sentencing Lands Utahn in Federal Prison for 8+ Years with $13.8 Million in Restitution Due
His co-conspirator awaits trial on 12 May 2026
After pleading guilty, a Washington City, Utah man has been sentenced to spend 100 months in prison, with two years of supervision after his release, and pay restitution of nearly $13.9 million for his crimes.
After being charged in February 2025
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: Utah's Davis School District Plans to Sell $100 Million in Bonds Today
The Davis County, Utah-based Davis School District today plans to close a sale of $100 million in tax-exempt, General Obligation Bonds, Series 2025, bonds authorized by the District's Board of Education.
According to its official Public Notice about this fundraising, the monies raised by the Davis School District
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
NEWS BRIEF: Lehi, Utah Man Sentenced to Nine Years in Prison and Five Years of Supervised Release for "Stealing" $3.4 Million from Family and Friends
After pleading guilty in December 2023 to defrauding family members and acquaintances of over $3.4 million over a five-year-period, 60-year-old Mi Siona Patane, of Lehi, Utah was sentenced last week to nine years in prison and five years of supervised release.
Although the sealed indictment filed 15 December 2021
Top 27 Utah-focused Monetary, Financial and/or Business News Nuggets for February 2025 that You Might have Missed
In this writeup, you'll find info about 27 Utah-based firms and 19 separate executives that we feel we feel made the cut as "newsworthy" in February 2025. This being the case, welcome to this writeup on Utah's Top 27 Monetary, Financial and/or Business