Fermi America Project Matador campus

Under construction

United States · 1 project · Last reported

Summary

Fermi Inc. is developing a private-power AI campus in Carson County, Texas, near Amarillo, mostly on land leased from the Texas Tech University System. Its filing describes about 11 GW of planned on-site generation, potentially expandable to about 17 GW, and about 15 million square feet of AI infrastructure space. Gas turbines come first, with nuclear units planned from 2033 and limited grid supply at the start. In August 2026 Fermi signed its first tenant lease, with TensorWave, for 222 MW of facility power. At mid-2026 it reported 1.54 billion US dollars of construction in progress and going-concern doubts that management said its plans alleviate.

Source record as of 2026-09-28 · Details and sources

Location

The interactive map needs JavaScript. Display anchor: 35.31160, -101.55970 (Point locator, WGS 84).

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Approximate site reference; the exact facility position is unverified.

Projects (1)

Fermi America Project Matador campus

Under construction last observed as of · Reported status

Location: Carson County, Texas, US. Coordinates of the Pantex Plant from Wikipedia (s5). Fermi says its campus is next to the Pantex complex (s2), in Carson County (s1, s4) and near Amarillo (s3); the campus covers thousands of acres, so the point is only approximate. U.S. Securities and Exchange Commission (Fermi Inc. filing); Fermi America; Fermi America; Fermi America; Wikipedia

Use: Ai unspecified

Capacity, investment and other figures

MeasureValueScopeAs ofNotesSources
Power capacityabout 11,000 MWPlanned · Campus · Onsite generation2026-06-30Private-grid generation planned for the campus.U.S. Securities and Exchange Commission (Fermi Inc. filing)
Power capacityup to 17,000 MWPlanned · Campus · Onsite generation2026-06-30Expansion case, subject to pending land acquisitions and additional state air permits.U.S. Securities and Exchange Commission (Fermi Inc. filing); Fermi America
Power capacityabout 6,000 MWPermitted · Campus · Onsite generation2026-10-09Generation the company website describes as already permitted; the page is undated and was accessed on this date.Fermi America
Power capacityabout 200 MWPlanned · Phase · Grid connection · Initial 1 GW of load2026-06-30Grid power from Southwestern Public Service Company supporting the first gigawatt of load.U.S. Securities and Exchange Commission (Fermi Inc. filing)
Power capacity222 MWContracted · Phase · Facility · TensorWave premises2026-08-09Total facility power under the TensorWave lease, delivered in phases from late 2027 into early 2028.U.S. Securities and Exchange Commission (Fermi Inc. filing)
Power capacityup to 650 MWPlanned · Phase · Facility · TensorWave premises with expansion option2026-08-09Facility power if TensorWave exercises its option for two more buildings.U.S. Securities and Exchange Commission (Fermi Inc. filing)
Investmentabout 1,540,000,000 USDReported · Campus2026-06-30Construction in progress on Fermi's balance sheet, not a total project budget; the filing also expects about 2 billion US dollars of capital spending over the following twelve months for Phases 0 and 1.U.S. Securities and Exchange Commission (Fermi Inc. filing)
Land areaabout 5,236 acresReported · Campus2026-06-30Land held or to be held under a long-term lease from the Texas Tech University System.U.S. Securities and Exchange Commission (Fermi Inc. filing)
Land areaabout 8,400 acresPlanned · Campus2026-06-30Expected total site including other acquired, contracted or optioned land, subject to closings.U.S. Securities and Exchange Commission (Fermi Inc. filing); Fermi America
Floor areaabout 15,000,000 sq_ftPlanned · Campus2026-06-30U.S. Securities and Exchange Commission (Fermi Inc. filing)
Floor areaabout 311,496 sq_ftPlanned · Phase · TensorWave premises2026-08-09U.S. Securities and Exchange Commission (Fermi Inc. filing)

Companies and organizations

NameRoleNotesSources
Fermi Inc.DeveloperAlso styled Fermi America.U.S. Securities and Exchange Commission (Fermi Inc. filing); Fermi America
TensorWaveTenantLease dated August 9, 2026; closing was expected by September 30, 2026, subject to conditions.U.S. Securities and Exchange Commission (Fermi Inc. filing); Fermi America
Siemens EnergyHardware supplierSupplier of SGT-800 and SGT6-5000F gas turbines.U.S. Securities and Exchange Commission (Fermi Inc. filing); Fermi America
NAES CorporationOperatorSelected to operate and maintain the natural gas generation fleet, which Fermi continues to own.Fermi America
CBREOperatorSelected to operate and maintain Fermi's first data center on the campus.Fermi America
Southwestern Public Service CompanyUtilityExpected to supply about 200 MW of grid power for the initial load.U.S. Securities and Exchange Commission (Fermi Inc. filing)

Timeline

DateEventActual or plannedNotesSources
2025Construction startedActualPreliminary site development began in 2025; vertical construction was to follow the first tenant lease.U.S. Securities and Exchange Commission (Fermi Inc. filing)
2026-08-09OtherActualLease signed with TensorWave for 222 MW of facility power over a 15-year initial term.U.S. Securities and Exchange Commission (Fermi Inc. filing)
2026-09-18OtherActualFirst Siemens Energy SGT6-5000F gas turbines reported delivered to the site.Fermi America
2027First operationalPlannedTarget year for commercial operations of the first campus; the company website says first power was planned for 2026.U.S. Securities and Exchange Commission (Fermi Inc. filing); Fermi America
2033OtherPlannedTarget for the first of four planned Westinghouse nuclear units, one per year through 2036; the filing says the first unit slipped about a year.U.S. Securities and Exchange Commission (Fermi Inc. filing)

Power supply

TypeDescriptionSources
Natural gas onsiteSiemens SGT-800 and SGT6-5000F gas turbines plus leased GE TM2500 mobile units forming a private grid.U.S. Securities and Exchange Commission (Fermi Inc. filing); Fermi America; Fermi America
NuclearFour Westinghouse reactor units planned for commissioning between 2033 and 2036.U.S. Securities and Exchange Commission (Fermi Inc. filing)
SolarSolar described as bridge capacity alongside battery storage.Fermi America
Battery storageBattery storage described as bridge capacity alongside solar.Fermi America
GridAbout 200 MW of grid power from Southwestern Public Service Company for the initial load.U.S. Securities and Exchange Commission (Fermi Inc. filing)

The June 2026 10-Q says only preliminary site development had begun and that vertical construction of data center facilities was to follow a definitive tenant lease; the status reflects site work and generation equipment arriving, not data center building construction. The TensorWave lease was subject to closing conditions, including project-level financing, with closing expected by September 30, 2026; no source confirming the closing was opened.

Sources for these details
Companies
  • Developer: Fermi Inc. (unknown scope) evidence
  • Developer: Fermi Inc. (unknown scope) evidence
  • Tenant: TensorWave (unknown scope) evidence
  • Tenant: TensorWave (unknown scope) evidence
  • Hardware Supplier: Siemens Energy (unknown scope) evidence
  • Hardware Supplier: Siemens Energy (unknown scope) evidence
  • Operator: NAES Corporation (unknown scope) evidence
  • Operator: CBRE (unknown scope) evidence
  • Utility: Southwestern Public Service Company (unknown scope) evidence
Source and location review
Status source
Fermi Inc. Form 10-Q for the quarter ended June 30, 2026 evidence row
U.S. Securities and Exchange Commission (Fermi Inc. filing) · published 2026-08-14 · Regulatory filing
Locator
Approximate site reference · Compiled location reference · approximate_site evidence
Source checks

Not reviewed against imagery not_reviewed
No imagery review is recorded for this project. Its status rests only on the dated authoritative source. · no independent imagery verification

Status age at review: 29 days before the data update on 2026-10-27

Location details
Coordinates
35.31160, -101.55970
Geometry licence
source-terms-not-recorded
Use scope
Approximate site reference
Scope class
approximate_site
Authority
Compiled location reference
Source entity
Project
Method
imported_reference_point
Derivation
imported_reference_point
Precision scope
Coordinates of the Pantex Plant from Wikipedia (s5). Fermi says its campus is next to the Pantex complex (s2), in Carson County (s1, s4) and near Amarillo (s3); the campus covers thousands of acres, so the point is only approximate.
Horizontal uncertainty
Not reported

The source record provides no measured horizontal uncertainty; original coordinate precision and note are preserved.

Geometry evidence
f6b4d9a4

A locator places the site on the map. It is not a building footprint, a construction extent or a surveyed boundary unless the use scope is an official boundary, and even then it is a parcel or permit boundary.

Evidence

Sources are linked, not redistributed; each keeps its own terms. An archived copy is a lookup for the Wayback Machine capture nearest the retrieval date and may be unavailable or differ from what was reviewed. Each hash states what it covers; imported factual records are not publisher-page captures.

Evidence for Fermi America Project Matador campus
TitlePublisherRolesPublishedRetrievedLicenceAttributionContent hash (SHA-256)
Fermi America home page
Archived copy
Fermi America
Company disclosure
Imported: Geometry, Imported: Record, Metric: Land Area, Metric: Power Capacity, Milestone: First Operational, Power Source: Battery Storage, Power Source: Solar, Role: Developer, Tenant claimnot statedsource-terms-not-recordedFermi America2373095f5d8cf67f944f3e42481bd3a7f3cf2c21ad990dd5ecda99c44916bcc2
Factual source record; not the publisher page
Fermi Inc. Form 10-Q for the quarter ended June 30, 2026
Archived copy
U.S. Securities and Exchange Commission (Fermi Inc. filing)
Regulatory filing
Imported: Geometry, Imported: Record, Imported: Status, Metric: Floor Area, Metric: Investment, Metric: Land Area, Metric: Power Capacity, Milestone: Construction Started, Milestone: First Operational, Milestone: Other, Power Source: Grid, Power Source: Natural Gas Onsite, Power Source: Nuclear, Role: Developer, Role: Hardware Supplier, Tenant claim, Role: Utilitysource-terms-not-recordedU.S. Securities and Exchange Commission (Fermi Inc. filing)c195fb176a652e453ae3db8615548aecf4fbd813006cd73526a1ac778af44400
Factual source record; not the publisher page
Fermi Selects NAES to Operate Project Matador's Natural Gas Fleet
Archived copy
Fermi America
Company disclosure
Imported: Geometry, Imported: Record, Imported: Status, Power Source: Natural Gas Onsite, Operator claimsource-terms-not-recordedFermi America68e1953a07f459c769d03d60231f9dce40bc9ae2af14a537a8856fb3fd09fe77
Factual source record; not the publisher page
First Power Generation Assets Arrive at Project Matador
Archived copy
Fermi America
Company disclosure
Imported: Geometry, Imported: Record, Imported: Status, Milestone: Other, Power Source: Natural Gas Onsite, Role: Hardware Suppliersource-terms-not-recordedFermi America531253599adfcaf9e8335b2e34e47168751a78b9c94428cef5e61305aa12f7db
Factual source record; not the publisher page
Pantex Plant
Archived copy
Wikipedia
Other
Imported: Geometry, Imported: Recordnot statedsource-terms-not-recordedWikipedia181cb64863654d0a3c741d608198a5aeb5323c71aecbb0ad0b224217d383bba4
Factual source record; not the publisher page
Cite this site

Kyars, K. (2026). Fermi America Project Matador campus [site vcc-site-0fd145d30136b16a75ed]. In Data Center Atlas (2026-10-27) [Data set]. https://kiankyars.github.io/datacenter-atlas/sites/vcc-site-0fd145d30136b16a75ed/

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