Fermi Inc's Comment on Sales, Marketing and Customers
The company develops and leases large-scale, grid-independent energy generation and high-performance computing facilities for hyperscale and compute-intensive businesses. Its primary project, Project Matador, is a hyperscale power and AI infrastructure campus located in the Texas Panhandle region, established through a 99-year ground lease with the Texas Tech University System. The campus is designed to provide up to 11 gigawatts (GW) of low-carbon power, with potential expansion to approximately 17 GW, supporting up to 15 million square feet of AI-ready hyperscale compute infrastructure. Target customers include hyperscale and compute-intensive tenants seeking reliable, cost-effective, low-latency power and powered shell infrastructure. The campus integrates energy solutions such as natural gas-fired generation, supplemental grid power, battery storage, solar generation, and potential nuclear baseload supply. Tenants may lease powered shell space or enter long-term ground leases to construct their own facilities. The site is strategically located near major natural gas-producing regions, two major fiber optic transmission corridors for low-latency connectivity, the Ogallala Aquifer freshwater source, and the U.S. government’s Pantex facility. The Texas Tech University System is identified as a customer in company filings.
Fermi Inc’s Comment on Sales, Marketing and Customers
The company develops and leases large-scale, grid-independent energy generation and high-performance computing facilities for hyperscale and compute-intensive businesses. Its primary project, Project Matador, is a hyperscale power and AI infrastructure campus located in the Texas Panhandle region, established through a 99-year ground lease with the Texas Tech University System. The campus is designed to provide up to 11 gigawatts (GW) of low-carbon power, with potential expansion to approximately 17 GW, supporting up to 15 million square feet of AI-ready hyperscale compute infrastructure. Target customers include hyperscale and compute-intensive tenants seeking reliable, cost-effective, low-latency power and powered shell infrastructure. The campus integrates energy solutions such as natural gas-fired generation, supplemental grid power, battery storage, solar generation, and potential nuclear baseload supply. Tenants may lease powered shell space or enter long-term ground leases to construct their own facilities. The site is strategically located near major natural gas-producing regions, two major fiber optic transmission corridors for low-latency connectivity, the Ogallala Aquifer freshwater source, and the U.S. government’s Pantex facility. The Texas Tech University System is identified as a customer in company filings.
Sources:
Fermi Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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