Fermi America

July 5, 2026

Subscribe for full access

Self-Supply Is Now the Floor for Political Viability in Texas

June 5, 2026

Fermi America's Project Matador and Pacifico's GW Ranch still lack signed customers and visible construction.

April 30, 2026

Those who raise capital on promise, as Fermi America did with nearly $750 million and no anchor tenant locked, won't.

April 21, 2026

CEO Toby Neugebauer and CFO Miles Everson both exited within days, the stock has shed 69% since its October IPO, and satellite analysis from Cleanview shows no construction has begun on Project Matador near Amarillo.

April 20, 2026

Risk: developers who haven't reserved turbine or reactor slots by mid-2026 are bidding against a sold-out supply chain, and Fermi America's Amarillo stall, with CEO Toby Neugebauer out April 17 despite a February air permit, shows permits alone don't move dirt.

April 2, 2026

Fermi America's Project Matador near Amarillo envisions an 11 GW private grid combining gas, nuclear, solar, and battery.

March 26, 2026

Google and Fermi America are publicly clashing over how to power AI's next phase.

March 19, 2026

Fermi America plans to file a second 5 GW clean air permit with TCEQ for Project Matador near Amarillo, scaling the campus to roughly 17 GW total: 11 GW natural gas, 4.4 GW nuclear, plus solar and battery.

March 14, 2026

Fermi America's plans (backed by former Energy Secretary Rick Perry) for the country's largest combined-cycle gas projects at a Texas AI datacenter campus.

March 1, 2026

Texas Agriculture Commissioner Sid Miller launched a formal investigation into Fermi America's Project Matador, an 18 million square foot, 11 GW campus north of Amarillo, after cotton farmers flagged Ogallala Aquifer depletion risks.

February 26, 2026

TCEQ approved air quality permits for Fermi America's proposed datacenter power plant in Amarillo, denying contested case hearing requests from the Panhandle First Coalition on procedural standing grounds.

February 23, 2026

Fermi America's Project Matador near Amarillo is permitted for 6 GW; Chevron announced its first-ever power plant at up to 5 GW for AI workloads in West Texas.

February 14, 2026

GW Ranch joins Fermi America's 6 GW Project Matador near Amarillo and Chevron's planned 5 GW facility in West Texas in a concentration of behind-the-meter gas generation that has no parallel outside China.

February 10, 2026

Fermi America just took delivery of its first Siemens Energy gas turbines for an eye-popping 11GW campus in Amarillo.