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Fermi America™ Secures Agreement with Mobile Power Solutions for 157.5 MW of GE TM2500 Turbines -- Securing Even More Power for the World's Largest 11GW Private Energy Grid
Agreement Supports Project Matador's First 500 MW of Generation Capacity, Scheduled to be Online in 2026 Establishes a 20-year Strategic Partnership Between
About this update from Fermi Inc.
[{"type":"text","content":"\n Agreement Supports Project Matador's First 500 MW of Generation Capacity, Scheduled to be Online in 2026\n Establishes a 20-year Strategic Partnership Between Fermi America and Mobile Power Solutions, Advancing America's Energy Renaissance\n Helps Ensure America's Largest Private Grid Campus Can Deliver Fast, Firm, and Reliable Power in 2026 to Meet Growing AI Demand\n \n \n AMARILLO, Texas, Oct. 30, 2025 /PRNewswire/ -- Fermi America™ (Nasdaq: FRMI), in partnership with the Texas Tech University System, has entered a long-term capital lease agreement with Mobile Power Solutions (MPS) for seven GE TM2500 gas turbines, totaling 157.5 megawatts (MW) of nameplate capacity. These fast-deploying, high-efficiency, versatile turbines expand Fermi's natural gas platform — a cornerstone of Project Matador, the world's largest 11GW private HyperGrid™ campus. \n \n \n \n \n \n \n \n The TM2500 units will bring flexible, dispatchable power online as Fermi delivers on its mission to secure American energy and AI dominance by integrating natural gas, nuclear, solar, and battery storage at scale. \n The turbines will be delivered in the fourth quarter of 2025, entering commercial operation in early 2026 as part of Fermi's first 500 MW of generation capacity. A critical part of Fermi's initial tranche of power, the TM2500's will remain long-term as part of the strategic assets supporting Fermi's aggressive growth goals to keep pace with the country's AI demand. \n \"Inking yet one more power agreement this week signals our firm commitment and proves our capability to deliver on promises made,\" said Toby Neugebauer, Co-founder & CEO of Fermi America. \"The country will soon realize what we've been saying all year – America is at war over who will control the future of information and intelligence. We join President Trump in taking the threat very seriously which drives us to work as hard as any other team out there, daily taking the appropriate actions to position America for the win.\" \n The 20-year capital lease marks the beginning of a long-term partnership between Fermi America and Mobile Power Solutions, built on a shared commitment to efficiency, reliability, and U.S. energy security. As part of the agreement, Fermi and MPS intend to collaborate on future acquisitions of additional TM2500 units. \n \"Our partnership with Fermi means b...