AP News
March 13, 2026
AMARILLO, Texas, March 13, 2026 /PRNewswire/ — Fermi Inc. (d/b/a Fermi America) (NASDAQ & LSE: FRMI), operating as Fermi America™, in partnership with the Texas Tech University System (TTU System), today announced its intention to file an additional 5GW Clean Air Permit with the Texas Commission on Environmental Quality (TCEQ).
The announcement made right on the heels of Project Matador’s first 6GW Clean Air Permit, approved two weeks ago, signals the campus’ plan to achieve ~17GW of total power including 11GW of clean natural gas, 4.4GW of nuclear energy, solar and battery sources.
“Leave it to Texas to answer the call for America’s energy crisis,” stated Toby Neugebauer, Co-Founder and CEO of Fermi America. “Why would we settle for 6GW of clean natural gas when the country needs more power, not less, and our site is beyond capable of safely producing 11GW? Fermi is pleased to steward this land and environment well, while creating additional high-paying jobs and economic development for the region.”
With winter storms causing grid power issues and President Trump’s recent Ratepayer Protection Pledge, the only answer is private power grids. America’s energy needs are surging across every sector — from AI and advanced computing to domestic manufacturing, defense, and industrial reshoring. The public grid was not designed to scale at the speed of AI, nor should hard-working Americans foot the bill.
As the only private grid campus of its kind with over 2GW of secured long lead time generation assets, an approved ~6GW Clean Air Permit, equipment finance, and a clear path to 17GW of power, Fermi America is positioned to meet hyperscaler demand so that America’s great innovators can continue to grow at the speed of capitalism.
President Trump’s ‘Bring Your Own Power’ mandate points the way — and at 17GW, Project Matador is ready to deliver power certainty at scale.
