Story perspectives
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.
