Fermi America™ Secures Firm Natural Gas Supply from Energy Transfer to Power Phase One of the HyperGrid™ Campus

AMARILLO, Texas, Oct. 9, 2025 /PRNewswire/ -- Fermi America™, developing the world's largest, behind-the-meter artificial intelligence private grid campus with the Texas Tech University System, has secured an agreement with Energy Transfer, one of the largest and most diversified midstream energy companies in North America, to deliver firm natural gas supply to Fermi's HyperGrid™ campus located outside Amarillo, Texas. With approximately 140,000 miles of pipelines and associated energy infrastructure across 44 states, Energy Transfer is a trusted resource to deliver firm natural gas supplies to Fermi America's 5,236-acre campus.

As part of the agreement, Fermi America will connect into Energy Transfer's pipeline just south of the campus, accessing the natural gas required to better power the future of artificial intelligence (AI). This pipeline interconnection project is expected to be in service in Q1 2026 and requires minimal capital outlay by Fermi.

"What makes our Amarillo campus one of the top sites in the country for other clean sources of energy is that it was first an elite natural gas site," stated Fermi America Co-Founder & CEO, Toby Neugebauer. "This agreement with Energy Transfer secures the firm natural gas supply necessary to generate our first two gigawatts of clean, reliable power for our AI data center customers."

The Energy Transfer agreement furthers Fermi's critical goal of bringing its significant balance of long-lead gas-fired generation supply chain assets secured earlier this year online, reiterating Fermi's commitment to actionable timelines and velocity of execution.

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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, 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 one of the largest nuclear power complexes 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.

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.

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SOURCE Fermi America