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Leading Global Power and Infrastructure Financial Institution MUFG Backs Fermi America™ with $500 Million Equipment Loan to Accelerate 11GW Private Energy Campus
Fermi Inc. (d/b/a Fermi America) (Nasdaq & LSE: FRMI), operating as Fermi America™, in partnership with the Texas Tech University System, announced today that it has secured a $500 million financing commitment from MUFG Bank, Ltd. (MUFG), one of the 10 largest global financial groups. MUFG's financing serves as a solid institutional backing of Fermi America's strategy and further strengthens the ability to deliver the first 2.3 of 11 gigawatts of long-duration, reliable power at scale.
About this update from Mitsubishi Ufj Financial Group, Inc.
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