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Fermi America™ to Partner with Hyundai Engineering & Construction to Develop Nuclear Component of World's Largest, First-of-its Kind, Private Grid for Next-Generation AI
Fermi America, in partnership with the Texas Tech University System, took a significant step today announcing it has entered into a memorandum of understanding (MOU) with South Korea's Hyundai Engineering & Construction to plan and develop the nuclear component of what is designed to be the world's largest, first-of-its kind private grid to power next-generation AI.
About this update from Hyundai Engineering & Construction Co., Ltd
[{"type":"list","items":[{"val":[{"type":"text","content":" Hyundai E&C has successfully completed 22 nuclear projects to date with four additional ongoing projects","length":108,"tagName":"p"}]},{"val":[{"type":"text","content":" Partnership to expedite timelines given Hyundai E&C's experience and proven track record","length":96,"tagName":"p"}]},{"val":[{"type":"text","content":" Signals Fermi America's ability to deliver on audacious private grid plan","length":77,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":281,"olType":false},{"type":"text","content":"AMARILLO, Texas, July 30, 2025 /PRNewswire/ -- Fermi America, in partnership with the Texas Tech University System, took a significant step today announcing it has entered into a memorandum of understanding (MOU) with South Korea's Hyundai Engineering & Construction to plan and develop the nuclear component of what is designed to be the world's largest, first-of-its kind private grid to power next-generation AI.","length":427,"tagName":"p"},{"type":"image","alt":"Hanwoo Lee, CEO Hyundai Engineering & Construction and Toby Neugebauer, Co-Founder Fermi America","displaySize":"","headline":null,"caption":"Hanwoo Lee, CEO Hyundai Engineering & Construction and Toby Neugebauer, Co-Founder Fermi America","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":267,"url":"https://media.zenfs.com/en/prnewswire.com/af4e214def58470e50ff3b4ca2755680"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/gQt3D7YboTA2Kh6nSnTNaA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/af4e214def58470e50ff3b4ca2755680","width":400,"height":267}},"href":"https://mma.prnewswire.com/media/2741353/Hyundai_Fermi.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Hyundai E&C boasts an impressive track record, having built 18 reactors in Korea as well as four reactors at the Barakah Nuclear Power Plant in the United Arab Emirates. Two more reactors are currently under construction in Korea and two additional reactors are in the engineering phase in Bulgaria. The Barakah project stands as one of the most successful and timely international nuclear programs in recent history, delivering all four units safely, within budget, and ahead of global expectations.","length":504,"tagName":"p"},{"type":"...
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