Vision
Envisioned in January of 2025, and born on the 4th of July, Fermi America exists to ensure America’s global energy and AI dominance.
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, Fermi was 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 over 2GW of secured long lead time natural gas generation assets to build the world’s largest next-gen private grid campus. Ultimately constructing 17GW 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 at scale.
Project Matador
Securing a 99-year lease with the Texas Tech University System, Project Matador spans ~7,570 acres – the largest site of its kind in the world. The site is blessed with abundant natural resources, the nation’s best natural gas infrastructure in the country’s second-largest natural gas basin (Hugoton), unmatched access to extensive, redundant fiber networks, all sitting atop America’s largest salt and freshwater aquifer (the Ogallala).
The perfect site, Fermi matches those characteristics with a skilled labor force that recently oversaw the fracking industry boom in the nearby Permian Basin and is adjacent to Pantex, the Department of Energy site that has stewarded America’s nuclear assets since 1951.
“We are humbled by the opportunity to make this contribution to our country because this project is the exact thing we need to win the war for artificial intelligence. And we are ecstatic to be a part of making that happen.”
Toby NeugebauerCo-founder & CEO
