REG - Fermi Inc. - State of Texas Preliminary Approval for First 6GW

FermiAnnouncement

04/11/2025 07:00

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RNS Number : 0863G  Fermi Inc.  04 November 2025

Fermi America™ and the State of Texas Announce Preliminary Approval for
First 6 GW of One of the World's Largest Clean Natural Gas Facilities on
Project Matador's 11 GW Private HyperGrid™ Campus  

 

·    Texas Leading the Way as the Texas Commission on Environmental
Quality (TCEQ) Grants Preliminary Approval of Fermi America's Clean Air
Permit, Relieving Consumers Nationwide from Shouldering Voracious Power Needs
of Artificial Intelligence (AI)   

·    Permitting the First 6 GW of an 11 GW Campus will Clear the Path for
Fermi America to Build One of the Largest Clean Natural Gas Projects in the
World  

·    6 GW of Clean Energy, Enough to Power New York City, to Be Removed
from Public Grid Demand, Empowering National Security While Protecting
American Pocketbooks  

·    Fermi Site is the Go-To for Companies Seeking to Protect Consumers
from Rising Utility Costs, While Ensuring Low Emissions   

 

Amarillo, Texas (Nov. 4, 2025) -- Fermi America™ (Nasdaq: FRMI
(https://www.prnewswire.com/news-releases/fermi-america-secures-agreement-with-mobile-power-solutions-for-157-5-mw-of-ge-tm2500-turbines--securing-even-more-power-for-the-worlds-largest-11gw-private-energy-grid-302599235.html#financial-modal)
) in partnership with the Texas Tech University System, announced the Texas
Commission on Environmental Quality (TCEQ)'s preliminary approval of 6 GW of
clean natural gas-based power generation, of the projected 11 GW campus, which
will make Project Matador one of the largest clean natural gas power
generation facilities in the world.   

  

The approval - subject to a formal meeting and ongoing process for public
input - places Texas at the forefront of a historic shift in how America
powers the future of AI, answering President Donald Trump's call for energy
and AI dominance, and Texas Governor Greg Abbott's charge to ensure national
security, while not burdening consumers with higher utility prices.   

  

Understanding that the United States faces an energy arms race for the
computing power that defines global leadership in defense, data, and AI, Fermi
America is building its Panhandle private grid campus in real time. 
  

  

Fermi's, the federal government's, and Texas's collaborative sense of urgency
is not about powering apps on smartphones, e-commerce websites, and
robotics, but because America's entire infrastructure, including law
enforcement, military operations, banking and finance networks, communication,
transportation, education, healthcare, and energy grids, all rely on cloud
computing power.  

 

"The era of burdensome permitting processes stalling critical infrastructure
is over," stated Texas Tech University System Board of Regents Chairman Cody
Campbell. "Project Matador aligns directly with President Donald J. Trump's
Executive Orders on energy security and AI leadership. This creates an
unprecedented opportunity for public and private sectors to work together to
strengthen the grid, protect taxpayers, and secure America's AI future-without
delay. With Governor Abbott's leadership and TCEQ's accelerated work on
next-generation power and responsible, timely regulation, while ensuring
low-emission projects, Texas is once again leading the way."

 

Co-Founder of Fermi America and former U.S. Secretary of Energy Rick Perry,
emphasized, "Energy independence is not just an economic issue - it's a matter
of national security. President Trump and Governor Abbott are men of action,
and they expect the private sector to provide answers, not power points. At
Fermi, we are proud to be building this campus in real time to meet the needs
of the country."  

 

As Fermi America's clean natural gas project comes online, 6 GW of power
demand will not have to be drawn from the U.S. grid - enough energy, on
average, to power New York City. Instead, Fermi will utilize minimal grid
power as it ramps up in the coming months, until the initial gas generators,
which are already en route to the campus, are installed and online in 2026.
The entire premise behind the 11 GW private HyperGrid campus being built on
clean natural gas, nuclear, solar, and battery power is that the nation's grid
cannot grow fast enough to keep pace with the AI race, nor should consumers be
expected to foot the bill through rising utility rates to support the most
successful companies in the world.  

 

"Hardworking Americans are tired of watching electricity costs rise while the
grid ages," added Toby Neugebauer, CEO and Co-Founder of Fermi America. "At
Fermi, our private grid model ensures that the growing demand for AI is met
privately - freeing up power on the public utilities to serve homes, schools,
hospitals, and small businesses as intended. Together with our partners, we're
building one of the cleanest, most efficient power fleets in the world, driven
by American innovation - without asking taxpayers to foot the energy bill for
the world's largest, highest-margin companies."  

 

Fermi America plans to integrate zero emissions solar into its power supply
plan and utilize the latest technology and hybrid cooling systems, ensuring
protection of air quality and water conservation. Additionally, Fermi's air
quality analysis shows that the project meets all federal and state air
quality, odor and health effect standards, ensuring that air quality is
protective of all Carson County residents.

 

  

For media inquiries, please contact:   

Lexi Swearingen   
Media@FermiAmerica.com (mailto:Media@FermiAmerica.com)    

 

About Fermi America    

Fermi America
(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4545335-1&h=4001681204&u=https%3A%2F%2Ffermiamerica.com%2F)&a=Fermi+America)
™ (Nasdaq: FRMI
(https://www.prnewswire.com/news-releases/fermi-america-secures-agreement-with-mobile-power-solutions-for-157-5-mw-of-ge-tm2500-turbines--securing-even-more-power-for-the-worlds-largest-11gw-private-energy-grid-302599235.html#financial-modal)
) (https://fermiamerica.com/
(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4545335-1&h=1135674686&u=https%3A%2F%2Ffermiamerica.com%2F&a=https%3A%2F%2Ffermiamerica.com%2F)
) is pioneering the development of next-generation electric grids that deliver
highly redundant power at gigawatt scale, required to create next-generation
artificial intelligence. Co-founded by former U.S. Energy Secretary Rick
Perry, and Co-founder and former Co-Managing Partner of Quantum Energy, Toby
Neugebauer, Fermi America™ combines cutting-edge technology with a deep
bench of proven world-class multi-disciplinary leaders to create the world's
largest, next-gen private grid. The behind-the-meter campus is expected to
integrate one of the largest nuclear power complexes in America, the nation's
biggest combined-cycle natural gas project, utility grid power, solar power,
and battery energy storage, to deliver hyperscaler artificial
intelligence.   

 

About the Texas Tech University System     

Established in 1996, the Texas Tech University System is one of the top public
university systems in the nation, consisting of five universities - Texas Tech
University, Texas Tech University Health Sciences Center, Angelo State
University, Texas Tech University Health Sciences Center El Paso and
Midwestern State University.  

  

Headquartered in Lubbock, Texas, the TTU System is a more than $3 billion
enterprise focused on advancing higher education, health care, research and
outreach with approximately 21,000 employees and 64,000 students, more than
400,000 alums, a statewide economic impact of $19.2 billion and an endowment
valued at $3 billion. In its short history, the TTU System has grown
tremendously and is nationally acclaimed, operating at 20 academic locations
in 16 cities (15 in Texas, 1 international).    

 

In addition, the TTU System is one of only nine in the nation to offer
programs for undergraduate, medical, law, nursing, pharmacy, dental and
veterinary education among other academic areas.    

 

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be materially different from our expectations because of various
risks.  

  

  

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