Fermi America and Hyundai Sign MoU for Nuclear Grid Project

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

Hyundai E&C has successfully completed 22 nuclear projects to date with four additional ongoing projects Partnership to expedite timelines given Hyundai E&C's experience and proven track record Signals Fermi America's ability to deliver on audacious private grid plan 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 me…

Fermi America and Hyundai sign MoU for nuclear grid project

Fermi America signed a MoU with Hyundai E&C to build the nuclear component of the world's largest private power grid for next-generation AI.

Hyundai E&C partners with Fermi America for US nuclear project

Hyundai E&C CEO Lee Han-woo(left) shakes hands with Toby Neugebauer, founder of Fermi America, after signing a memorandum of understanding in Seoul on July 30. [Photo courtesy of Fermi America] South Korea’s Hyundai Engineering & Construction (Hyundai E&C) is joining forces with U.S. energy startup Fermi America to participate in the world’s largest private nuclear-powered grid project. Fermi America announced on July 31 that it had signed a mem…