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Fermi Secures $350M for Texas HyperGrid™ Energy Campus

9/2/2025

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Story summary
  • Fermi America has obtained $350 million in financing from Macquarie for its HyperGrid™ energy campus in Texas.
  • The project will create an 11GW data center complex powered by natural gas, solar, wind, and nuclear energy.
  • Initial construction is underway, with geotechnical work currently in progress.
  • Fermi aims to generate 1GW of power by 2026, with a complete delivery timeline pending.