Fermi America™ Agrees to Acquire Over 600 MW of Clean Gas Generation for Delivery in 2025

- The Only Company that Can Deliver One GW of AI Power in 2026

AMARILLO, Texas, July 2, 2025 /PRNewswire/ -- Fermi America, which recently announced its intention to deliver one GW of online power by the end of 2026, and 11 GW of artificial intelligence capacity in the coming decade, executed two strategic agreements to secure the equipment necessary in the race to make the U.S. energy and AI dominant. 

The Amarillo HyperGrid™ is forging ahead with its plan to be the world's largest advanced energy and artificial intelligence campus.

"We realized months ago that the number one challenge to delivering on President Trump's executive orders for energy dominance in the AI race with China was the supply chain," stated Fermi America co-founder, Toby Neugebauer. "In order to position America's hyperscalers with the new energy they require for AI, our team prioritized purchasing equipment for over 600 megawatts of the one gigawatt of generation to be offered by the end of 2026. Today's announcement shows that Fermi America is doing what it takes to deliver at an unprecedented scale."

"The executed agreements will allow Fermi America to acquire highly reliable, energy-efficient, and environmentally advanced power generation systems to support the artificial intelligence campus," added Fermi America Chief Power Procurement Officer, Larry Kellerman. "The initial fleet represents ISO rated capability of over 600 MW of power generation equipment that is available for shipment and refurbishment, avoiding multi-year Original Equipment Manufacturer (OEM) lead times."

The initial acquisition is for a set of new, "in crate," world-class Siemens Frame industrial gas turbines in highly efficient combined cycle mode. To be purchased from Firebird LNG in conjunction with Siemens Energy, the equipment consists of six SGT800 gas turbines, six heat recovery steam generators, and one SST600 steam turbine. The package, which reflects an ISO-rated capacity of 478 MW, estimated to be 400-plus MW at site elevation, also has six gas turbine exhaust venting systems, allowing for reliable, simple-cycle operation in the event of steam turbine outages or maintenance. 

Kellerman continued, "this configuration allows for optimal, multi-shaft reliability for Fermi America's hyperscaler end-use customers, with significantly lower output of all criteria emissions relative to either the marginal emissions rates of grid-supplied power across the vast majority of the U.S. or much higher heat rates and smaller-scale generation assets deployed at many competing intelligence sites." 

With a full load HHV heat rate in the low 7000 BTU per kWh range, this Fermi America asset's per unit CO2 greenhouse gas emissions will be more than 30% below either marginal grid power supply emissions or a typical competing campus's on-site generation. Planned use of selective catalytic reduction (SCR) and CO catalysts will reduce total emissions of other criteria pollutants to a small fraction of these alternatives. Additionally, Fermi plans on using Siemens Energy to support many aspects of the project's build-out, operations, and long-term maintenance, providing hyperscaler customers with the assurance of reliable, cost-effective, and efficient operations.

The second acquisition, which Fermi closed in June, was for a set of three secondary market GE Frame class industrial gas turbines and a paired steam turbine. This equipment, formerly in operation at a heavy industrial operation in New Jersey, consists of three GE Frame 6B gas turbines and one GE steam turbine. Fermi America will oversee the refurbishment and life extension of these units by a GE-certified maintenance and repair organization prior to installation in Amarillo. Initially, Fermi plans to deploy the three refurbished gas turbines, totaling 135 MW at ISO conditions, in simple cycle mode, with the installation of new heat recovery steam generators shortly afterward. This will enable Fermi to operate the assets in combined cycle mode to allow for over 200 MW, under ISO conditions, and about 180 MW at site elevation, of combined cycle use and an efficient full load HHV heat rate in the low 8000 BTU per kWh range.

"Behind-the-meter power isn't just a Fermi advantage—it's the only solution for America's AI dominance," concluded Neugebauer. "Without it, we're handing China the keys to AI. There will only be one winner."

As the United States approaches the 4^th of July, the new campus stands as a bold declaration of American innovation and AI leadership.

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About Fermi America™
Fermi America™ is pioneering the development of next-generation electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry, Fermi America combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world's largest, next-gen HyperGrid™ a first-of-its-kind behind-the-meter campus that is expected to integrate the largest nuclear power complex in America, the nation's biggest combined-cycle natural gas project, utility grid power, solar power, and battery energy storage to deliver hyperscaler artificial intelligence.

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SOURCE Fermi America