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Fermi America™ and Siemens Energy Execute Letter of Intent for an Additional 1.1 GW (Once in Combined Cycle Mode) of Frame F Class Generation Equipment for 2026 Delivery and Enter Into Nuclear Collaboration as Fermi Continues to Advance its 11-Gigawatt Private AI Campus

Fermi America™ Logo (PRNewsfoto/Fermi America)

News provided by

Fermi America

Sep 25, 2025, 07:30 ET

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  • Fermi America Thanks President Donald J. Trump for Bold Leadership and Action
  • Fermi's Gas Generation Equipment Secured or under LOI to Date Now Totals 2.0 GW of Combined Cycle Power at ISO Conditions, Scheduled for 2026 Delivery
  • Siemens Energy Displays Strong U.S. Commitment Via Gas Turbine Allocation and Highlights its Broadening Nuclear Capabilities Via AP1000 Steam Turbine Collaboration

AMARILLO, Texas, Sept. 25, 2025 /PRNewswire/ -- Fermi America, in partnership with the Texas Tech University System, is announcing two landmark letters of intent with Siemens Energy to secure 1.1 GW (at ISO conditions once in combined cycle mode) of Frame F Class Generation Equipment for 2026 delivery and collaborate on Siemens' flagship nuclear steam turbine technologies, in support of Fermi's 11-Gigawatt AI campus.

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Fermi America™ and Siemens Energy teams at the signing ceremony in New York City. Pictured from left to right: Ross Berger, Larry Kellerman, Richard Reisig, Gianluigi DiGiovanni, Luke Baker, Toby Neugebauer, Andreas Pistauer, Harrison Kulick, and Nate Neugebauer.
Fermi America™ and Siemens Energy teams at the signing ceremony in New York City. Pictured from left to right: Ross Berger, Larry Kellerman, Richard Reisig, Gianluigi DiGiovanni, Luke Baker, Toby Neugebauer, Andreas Pistauer, Harrison Kulick, and Nate Neugebauer.

These agreements mark a major milestone in the fulfillment of President Donald J. Trump's promise to restore U.S. energy dominance and to ensure America wins the global race to power the future of artificial intelligence.

Under the first letter of intent, Siemens Energy will negotiate to deliver three F-class SGT6-5000F gas turbine units, producing up to 1.1 GW at ISO conditions once in combined cycle mode.  These turbines are proven, efficient, industrial-grade machines capable of highly reliable 24/7 base load applications.

"Winning the AI arms race doesn't just take software developers. It takes more electricity," said Chairman of the National Energy Dominance Council Doug Burgum. "This campus proves that we can integrate natural gas, nuclear energy, and artificial intelligence into a single, powerful ecosystem. Modern energy infrastructure isn't a luxury, it's the foundation of global leadership. By advancing President Trump's Energy Dominance Agenda, we're not just fueling America — we're powering the future of intelligence."

Fermi's campus was envisioned as a flagship example of the Trump administration's strategy: pairing advanced, reliable, quickly-deployable natural gas generation with nuclear power and modern infrastructure to ensure the U.S. can safely meet America's growing energy demand—particularly from AI and high-performance computing. With the new agreements, Fermi's gas generation equipment secured or under LOI to date now totals 2.0 GW of combined cycle power at ISO conditions, scheduled for 2026 delivery.  

"No one understands the global energy race better than Donald Trump," said former U.S Secretary of Energy and Fermi Co-Founder Rick Perry. "The Department of Energy, Department of the Interior, and Department of Defense are all working tirelessly to secure America's position in this AI race and to ensure that our private sector, with the strong support of this pro-energy administration, has what we need to lead the way in abundant, reliable, and innovative energy solutions."

"I want to thank President Trump for his strong leadership and action in clearing the path for companies like ours to help America win this race," added Toby Neugebauer, Fermi America CEO and Co-Founder. "Fermi America is doing what it takes 24/7 to build exactly what the President has asked for, highly reliable, unshakable, base load energy — through our 11 GW gas-bridged nuclear build. We understand the stakes are high and we are playing to win – because that's how America keeps its AI edge."

The second letter of intent furthers the two companies' collaboration on integrating Siemens' industry-leading steam turbines, generators, and control systems into Fermi's expanding nuclear power portfolio, which include the deployment of an expected four Westinghouse AP1000 reactors.

Siemens Energy brings deep expertise, demonstrated by several modernizations of turbines and generators at multiple nuclear plants.  Fermi and Siemens Energy will work closely to deliver nuclear generation with clean, efficient, robust performance.

This framework aligns with the Trump administration's executive orders to accelerate advanced nuclear deployment, streamline nuclear regulation, and ensure that the U.S. infrastructure needed for AI and data centers has the clean, reliable, always-on power that only nuclear and strategic redundancies can provide, without unnecessarily putting a strain on the public grid.

Not only do these agreements reinforce the administration's goal of U.S. energy dominance by expanding domestic, reliable, low-carbon power, they deliver on President Donald J. Trump's pledge to speed up nuclear licensing and regulation, rebuild the nuclear industrial base, and expand natural gas generation to meet the urgency of demand.

For media inquiries, please contact:
Lexi Swearingen
[email protected]

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, and Co-founder and former Co-Managing Partner of Quantum Energy, Toby Neugebauer, 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 private grid. The behind-the-meter campus 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 at scale.

About Siemens Energy
Siemens Energy is one of the world's leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated around the world is based on technologies from Siemens Energy.

About the Texas Tech University System
Established in 1996, the Texas Tech University System is one of the top public university systems in the nation, consisting of five universities – Texas Tech University, Texas Tech University Health Sciences Center, Angelo State University, Texas Tech University Health Sciences Center El Paso and Midwestern State University.

Headquartered in Lubbock, Texas, the TTU System is a more than $3 billion enterprise focused on advancing higher education, health care, research and outreach with approximately 21,000 employees and 64,000 students, more than 400,000 alums, a statewide economic impact of $19.2 billion and an endowment valued at $3 billion. In its short history, the TTU System has grown tremendously and is nationally acclaimed, operating at 20 academic locations in 16 cities (15 in Texas, 1 international).

In addition, the TTU System is one of only nine in the nation to offer programs for undergraduate, medical, law, nursing, pharmacy, dental and veterinary education, among other academic areas.

Forward-Looking Statements

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our strategy, future operations, financial position, prospects, plans and objectives of management. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "will be," "will likely result," "should," "expects," "plans," "anticipates," "could," "would," "foresees," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "outlook," or "continue" or the negative of these words or other similar terms or expressions. These forward-looking statements are not guarantees of future performance, but are based on management's current expectations, assumptions, and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. Our results could be materially different from our expectations because of various risks.

SOURCE Fermi America

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