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Fermi Signs US$200M Prepayment Agreement for Texas Campus

Summary by Mugglehead Magazine
Fermi's 600 MW Texas development has a US$200 million prepayment agreement, while a definitive long-term lease remains under negotiation.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

4 Articles

BizTocBizToc

Amazon revives deal with troubled data centre venture backed by Rick Perry

Security Verification For help please visit help.ft.com. We apologise for any inconvenience. The following information can help our support team to resolve this issue. Error Code CG000 / 403 Request ID a5a2ea7f4e060acb

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Mugglehead MagazineMugglehead Magazine

Fermi signs US$200M prepayment agreement for Texas campus

Fermi's 600 MW Texas development has a US$200 million prepayment agreement, while a definitive long-term lease remains under negotiation.

·Vancouver, Canada
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TokenPostTokenPost

Fermi America Announces 600-Megawatt Capacity Deal With Hyperscaler

The agreement includes a $200 million upfront prepayment and early construction commitments. Fermi did not name the customer.

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Crypto BriefingCrypto Briefing

Amazon reportedly revives deal with Rick Perry-backed data center venture Fermi America

Amazon is reportedly back in talks with Rick Perry-backed Fermi America over Project Matador after a 600 MW deal with a $200 million prepayment.

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Crypto Briefing broke the news on Friday, November 13, 2026.
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