IRVINGTON, N.Y.--(BUSINESS WIRE)--X-Caliber Rural Capital (“XRC”), the nation’s top USDA lender by volume for FY 2023, today announced that its affiliate, XRL-ALC, LLC, (“XRA”), has closed a $100MM bridge loan to support Phase I development of Fervo Energy’s Cape Station project in Beaver County, Utah. The Cape Station project is the world’s largest next-generation geothermal project. X-Caliber Rural Capital owns XRL-ALC, LLC, (“XRA”), an affiliate that offers conventional construction financin...
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