SOURCE-LINKED U.S. REGISTRY

Project Matador

Fermi America · Amarillo, TX · United States

Facility record

Lifecycle
Under constructionSource-reported lifecycle
Location precision
approximate
Address as listed
Not published
Coordinates
35.396, -101.543
Serving utility, source-reported
Xcel Energy (SPS)
Operational capacity, source-reported
Not published
Planned capacity, source-reported
Not published
Source record updated
2026-10-22

Source-reported capacity; not metered consumption. Review underlying documents and notes. Planned capacity may include future phases and is not added to operational capacity here. The source may use facility, grid-feed or IT capacity definitions; consult the linked documents.

Coordinate precision is a source label, not an independent parcel survey. A marker does not confirm utility territory or establish an effect on residential bills.

Reported lifecycle history

  1. Proposed

    Fermi America founded January 2025 by Rick Perry, Toby Neugebauer, and Griffin Perry. Project Matador announced on ~5,769-acre site in Carson County under 99-year lease with Texas Tech University System, adjacent to DOE Pantex Plant.

    Underlying source
  2. Under construction

    600MW+ natural gas turbines acquired across two deals (July 2025); COLA for four AP1000 reactors filed with NRC June 17 2025; NRC accepted COLA for review September 2025; TCEQ preliminary approval for first 6GW gas generation (November 2025); geotechnical work commenced on campus.

    Underlying source

Source notes

11GW is the long-term ceiling for the HyperGrid campus; near-term company targets include 1GW by end of 2026 and 2.3GW first-phase delivery — these are company goals, not firm commitments. Land acreage reported variously (5,769 acres per DCD July 2025 and 5,855 acres per other sources; later company materials cite 7,570 acres on 7,570 acres); using 5,769 as the earliest confirmed figure, sourced from the gas turbine acquisition announcement. Coordinates approximate (seed-provided; site in Carson County ~12 miles NE of Amarillo, adjacent to DOE Pantex Plant). Fermi America co-founded January 2025 by former Texas Governor and U.S. Energy Secretary Rick Perry, Toby Neugebauer (CEO, departed April 2026 after being fired 'without cause'), and Griffin Perry. IPO raised $682M on Nasdaq under ticker FRMI (October 2025), valuing company at ~$19B at opening; market cap collapsed to ~$3.4B by April 2026 after leadership exits and loss of anchor tenant ($150M LOI canceled December 2025). Company organized as a REIT; had zero revenue at IPO. Investment: equipment financing commitments exceed $600M ($500M MUFG turbine warehouse + $200M Keystone/Cape facility); projected total project cost $70–90B is a range/projection, not a firm figure — not recorded as an investment figure. Jobs: 50,000+ projected across campus lifetime — projection only, not recorded as a job count. Nuclear campus name in NRC COLA filings: 'President Donald J. Trump Advanced Energy and Intelligence Campus'; publicly marketed as Project Matador / HyperGrid.

Initial generation: on-site natural gas. Fermi acquired 600MW+ of gas turbines in two deals (July 2025): 478MW from Firebird LNG/Siemens Energy (six SGT800 turbines + heat recovery steam generators + one SST600 steam turbine) and 135MW from GE 6B Frame units acquired from a New Jersey facility. TCEQ issued preliminary approval for up to 6GW of combined-cycle gas (November 2025); air permit secured February 2026 after ~279 public comments. Long-term plan adds four Westinghouse AP1000 reactors (~4.4GW nuclear baseload; COLA filed June 17 2025, NRC accepted two of three parts for review September 2025, Part 3 deadline December 31 2026, first reactor targeted 2031, all four by 2038) plus solar and battery storage. Fermi is also evaluating SMRs (MOU with Doosan Enerbility). Entire campus is behind-the-meter — private grid, no public utility offtake.

Sources and provenance

Power Wars capture: 2026-11-02. Compute Atlas, CC BY 4.0. Entries are not independently verified by Power Wars unless stated.

Back to map & directory