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Fermi Inc. FRMI
$10.21 $0.242.41% NASDAQ
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Corporate Info
Phone Number
214 894 7855
Address
620 S. Taylor St.
Suite 300
Amarillo, TX 79101-2436
Country
United States
Year Founded
2025
Details
Sector
Real Estate
Industry
Equity Real Estate Investment Trusts (REITs)
Employees
1
Business Description
Fermi America (NASDAQ & LSE: FRMI) is an advanced energy and hyperscaler development company with a mission to power the future of artificial intelligence directly to the world's most compute-intensive businesses through its flagship initiative, Project Matador. Co-founded by former U.S. Energy Secretary Rick Perry and Co-Founder and former Co-Managing Partner of Quantum Energy Partners Toby Neugebauer, Fermi America combines a deep bench of proven world-class multi-disciplinary leaders and 2.3GW of secured long lead time natural gas generation assets for delivery in 2026 to build the world's largest next-gen private grid campus. Ultimately constructing 11GW of behind-the-meter, low-carbon, on-demand power, Project Matador is expected to integrate a large combined-cycle natural gas project, advanced nuclear power generation, utility grid power, solar power, and battery energy storage to support hyperscale AI and advanced computing..