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Fermi America and MVM EGI Announce Water-Saving Hybrid Cooling Agreement for World's Largest Private Energy Grid, Delivering on Promises Made to Protect West Texas Water Resources
Agreement initiates the design and development of hybrid dry–wet cooling towers, leveraging an existing, proven design platform to prioritize air-based
About this update from Fermi Inc.
[{"type":"text","content":"Agreement initiates the design and development of hybrid dry–wet cooling towers, leveraging an existing, proven design platform to prioritize air-based cooling and dramatically reduce water use compared to conventional systemsCollaboration enables closed-loop circulation, minimizing evaporation and ensuring good stewardship of the region's water resourcesDelivering on promises made, the MOU reinforces Fermi's commitment to put water conservation at the core of the project's cooling strategy from day oneAMARILLO, Texas, Dec. 1, 2025 /PRNewswire/ -- Fermi America™ (Nasdaq: FRMI), in partnership with the Texas Tech University System, today announced it has signed a non-binding Memorandum of Understanding (MOU) with MVM EGI Zrt., one of the world's leading hybrid dry–wet cooling innovators, to engineer and develop a next-generation cooling system for Fermi's 11-gigawatt private energy grid campus. The agreement marks a major step forward in delivering reliable, clean energy at scale, while being good stewards of the region's natural resources.\n \n \n \n \n \n \n \nUnder the non-binding MOU, Fermi America and MVM EGI will partner on preliminary engineering, and feasibility studies for a series of indirect hybrid cooling towers that will support both of Project Matador's 6 gigawatts of combined-cycle natural gas generation and four AP1000 nuclear units. Leveraging an existing, proven hybrid cooling design, the partnership will adapt and optimize the system for West Texas conditions. Together, the companies will define cooling requirements, evaluate tower configurations, assess site and height constraints, and model the water-saving performance that hybrid cooling can deliver at scale.This early engineering work lays the foundation for the campus's long-term cooling strategy. The MOU outlines a sequence of milestones—including requirements definition, concept validation, and feasibility assessment—that will lead to a detailed design. Construction of the first cooling tower is scheduled to begin in January 2026, with the full cooling system completed by 2034 to match the phased build-out of the gas and nuclear units.These hybrid towers represent a major advancement in responsible energy development. By relying primarily on air cooling and circulating water through closed-loop systems, the design sharply reduces evaporative loss, conser...