Fermi America

“The future of American energy and innovation can be built right here in West Texas.” — @TTUSystem Chancellor Brandon Creighton (@CreightonForTX) We’re proud to partner with @TexasTech on Project Matador. Full statement: texastech.edu/stories/26-11-Chancellor-St…

In response to recent reporting by @TexasTribune regarding Fermi’s Board of Directors, we want to clarify that Governor Rick Perry has not been removed from Fermi’s Board of Directors. In fact, both Governor Perry and Jeffrey Stein received a majority of the votes cast by shareholders. The proposal failed to achieve the required approval threshold following what the company believes was a breach of contractual voting obligations by the Neugebauer shareholders. Let’s be clear: Governor Perry and Mr. Stein remain members of Fermi’s Board of Directors and will continue serving until their…

One of the biggest bottlenecks in the AI boom isn’t chips. It’s power, and increasingly, the equipment needed to generate it. As global demand for electricity surges, manufacturing lead times for large natural gas turbines are stretching into the 2030s. Meanwhile, our second Siemens Energy SGT6-5000F turbine has arrived at Project Matador, alongside two corresponding generators. They join our first Siemens F-class turbine, delivered just weeks ago. While much of the industry is working to secure future access to generation equipment, Fermi already owns critical power generation assets that…