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Fermi TensorWave Lease Delay: 4 Dates That Matter for FRMI
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Fermi TensorWave Lease Delay: 4 Dates That Matter for FRMI
The one-month extension of Fermi's TensorWave lease is not a paperwork delay on a done deal. The 222 MW lease at Project Matador has never been effective: it was signed on 9 August subject to conditions, and on 22 September Fermi and TensorWave moved its closing date from 30 September to 31 October because the last big condition, a lease guaranty from an investment-grade counterparty, is still being negotiated. The new date lands one day after F…
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