In a state with a troubled power grid and water issues I suspect that Texans will see their utility bills rise if and when the project succeeds.

#Texas #ProjectMatador #RickPerry #FermiAmerica #GovAbbot

Fermi America™ Makes Initial Draw on $200 Million Equipment Facility from Keystone National Group and Cape Commercial Finance to Accelerate the Delivery of the First 2.3GW of Project Matador’s 11GW Private HyperGrid™ Campus Enables Fermi America to accelerate the procurement of long lead high voltage assets, supporting the buildout of its first 2.3GW of power infrastructure Complements $500 Million Turbine Warehouse from leading global financial institution MUFG Bank, Ltd. (MUFG), demonstrating growing institutional confidence in Project Matador Highly flexible structure that enables capital to be recycled for future procurement as assets are taken out by project financing Facility arranged by Cape Commercial Finance AMARILLO, Texas, Feb. 20, 2026 /PRNewswire/ — […]

Fermi America™ Makes Initial Draw on $200 Million Equipment Facility #FermiAmerica #ProjectMatador #Investment #EnergyInfrastructure #RenewableEnergy

Original post on mstdn.science

@briankrebs This story about the #NuclearEnergy start-up #FermiAmerica is very awkward. 😬

Despite offers to be funded by the first modern #fascists , #Fermi fled #fascism and was a key #nuclear physicist in the #ManhattanProject that helped defeat them […]

Amarillo Residents Express Concerns Over Fermi America's AI Data and Energy Campus Amarillo residents are voicing concerns over a proposed water agreement with Fermi America's planned AI data and energy campus, citing potential significant impacts on regional water resources, electricity costs, and agricultural practices. With the data center's cooling needs estimated to require millions of gallons of water daily, speakers at a recent city meeting urged caution and transparency, while also raising fears that deals may prioritize large corporations over citizen interests, including concerns about groundwater leasing and local job creation.

Amarillo Residents Express Concerns Over Fermi America's AI Data and Energy Campus #PJM #Amarillo #FermiAmerica #WaterAgreement #DataCenters #EnergyCampus

Funding Raises: #Anthropic $13B Series F; #Intel $8.9B Post-IPO Equity; #Sierra $350M Series D; #IQM $320M Series B; #Lambda $275M Debt; #EliseAI $250 Series A; #TreelineBiosciences $200M Series A ext.; #Restor3D $104M Venture; #FermiAmerica $100M Series C