Fermi America Project Matador
Amarillo, Carson County, TX[5][6]Developer: Fermi America[5][6]
Also known as HyperGrid, President Donald J. Trump Advanced Energy and Intelligence Campus
- Rumored
- Proposed
- Approved
- Under construction
- Operating
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Fermi America plans a private-power AI campus on Texas Tech University System land northeast of Amarillo. The company says it will use 17 GW of power from natural gas, four proposed AP1000 nuclear reactors, and solar plus batteries. The project lost a prospective tenant in December 2025 and replaced its CEO in April 2026. In August 2026 it signed a $6.5 billion, 15-year lease with TensorWave for an initial 222 MW. The first gas turbines arrived in September 2026, and the NRC is reviewing the reactor license application.
Key facts
Size & schedule
| Planned capacity | 17 GW [8] company says 17 GW private power campus (earlier announced as 11 GW); ~6 GW permitted |
|---|---|
| Phase 1 capacity | 222 MW [5] initial TensorWave lease; possible expansion past 650 MW |
| Site size | 5,800 acres [6] per ABC 7 Amarillo; Fermi's website says ~8,400 acres |
| Target completion | TensorWave capacity delivered in phases starting 2H 2027 [5] |
How big is that? Data center sizes compared with football fields and Central Park.
Power
| Utility | Southwestern Public Service Company (Xcel Energy) [9] Utility pages: Southwestern Public Service (SPS) · data centers and bills 86 MW starting January 2026, ramping to 200 MW, via SPS 115-kV transmission (company statement) Source excerpt“Xcel Energy's SPS subsidiary will begin delivering 86 MW of electrical capacity in January 2026, eventually ramping up to 200 MW.” |
|---|---|
| Power supply | Natural gas (3 Siemens SGT6-5000F turbines, delivered Sept 2026), four proposed Westinghouse AP1000 reactors, and solar plus battery storage [6] Fermi has given two ratings for the three turbines: up to 780 MW in simple-cycle mode (July 21, 2026 release, s13; also reported by ABC 7) and up to 728 MW in simple-cycle mode (Q2 2026 results, Aug. 13, 2026, s14). |
Water
| Water use | 2,500,000 gal/day [5] maximum Amarillo agreed to sell, at twice the industrial rate |
|---|---|
| Water source | City of Amarillo (municipal) [5] |
Money & incentives
| Tax incentives | Carson County tax abatement agreement in two parts: $3 per square foot for data centers and $2,500–$2,750 per megawatt for generation [10] range as stated Source excerpt“The abatement for the data centers is set at $3 per square foot” |
|---|---|
| Abatement term | 10 years [10] each of 15 phases enters a 10-year abatement at commercial operation Source excerpt“that phase will go into a 10 year abatement agreement.” |
Figures are as stated by the cited source. Where sources disagree, each figure is shown.
Water and power
Water
Not disclosed. No source reviewed gives a water figure for this site. The Census does not estimate one.
Disclosed figures only, each as the cited source states it. Many are projections or permit limits, not metered use. How data center water and power use is measured, and every disclosed figure →
Timeline
Fermi submits parts 1-2 of NRC Combined License Application for four AP1000 units [1]
NRC completes acceptance review of the application [1]
Fermi raises $746M in IPO; land clearing begins [4]
Amarillo City Council votes 4-1 to sell up to 2.5M gallons/day of water [5]
Prospective tenant ends letter of intent after exclusivity expires; shares fall [3]
Fermi America announces electric service agreement with Southwestern Public Service Company for up to 200 MW [9]
Final TCEQ air permit secured [4]
Fermi America files a second 5 GW clean air permit application with TCEQ [11]
CEO Toby Neugebauer removed; CFO resigns [5]
$6.5B, 15-year lease signed with TensorWave [5]
Three Siemens gas turbines arrive on site [6]
Fermi and TensorWave amend their 222 MW lease to move the closing date from Sept. 30 to Oct. 31, 2026, while a lease guaranty is negotiated [12]
Issues raised
- Class action filed January 2026 alleges the company overstated tenant demand [4]
- Former CEO sued the company after his removal [5]
- Construction about a year behind the IPO timeline, per Cleanview [4]
Issues are concerns and claims raised by the parties, officials or residents named in the cited sources. They are reported as attributed, not as findings by the Census.
Sources
- Fermi America Project Matador Advanced Energy and Intelligence Campus AP1000 Units 1-4, Combined License ApplicationU.S. Nuclear Regulatory Commission · government
- NRC accepts Fermi America's partial licence applicationWorld Nuclear News · Sep 9, 2025 · news
- Fermi share price craters as tenant pulls back from $150m Texas data center dealDCD · Dec 15, 2025 · news
- The World's Largest Data Center Is Running Into TroubleCleanview · Apr 2026 · other
- Fermi signs $6.5 billion lease for 'world's largest data center' after months of turmoilABC 7 Amarillo · Aug 10, 2026 · news
- Project Matador reaches new milestone with arrival of power generation equipmentABC 7 Amarillo · Sep 18, 2026 · news
- Fermi America Project Matador power stationGlobal Energy Monitor · other
- Gigawatt Scale Power for Next-Gen AIFermi America · company
- Fermi America Executes Electric Service Agreement with Southwestern Public Service Company, a Subsidiary of Xcel Energy, Securing Up to 200 MW of PowerFermi America (PR Newswire) · Dec 5, 2025 · company
- Carson County approves tax abatement for Fermi America developmentKFDA NewsChannel 10 · Oct 27, 2025 · news
- Fermi America Files Second Clean Air Permit Application with TCEQ for 5 GW of Additional Power for Its Project Matador Private GridFermi America (PR Newswire) · Mar 27, 2026 · company
- Fermi and TensorWave Agree to Extend Closing Date to October 31, 2026Fermi America (ACCESS Newswire) · Sep 22, 2026 · company
- Fermi Announces First Siemens Turbines Arrive at Port of HoustonFermi America (ACCESS Newswire) · Jul 21, 2026 · company
- Fermi Announces Second Quarter 2026 Results and Delivers on All Five 90-Day ObjectivesFermi Inc. (Newswire press release) · Aug 13, 2026 · company
Cite this page
Last updated Sep 23, 2026. Figures may change as records are updated — include the date you retrieved them.
| APA | Data Center Census. (2026). Fermi America Project Matador. Retrieved from https://datacentercensus.com/dc/fermi-project-matador-carson-county-tx |
|---|---|
| MLA | “Fermi America Project Matador.” Data Center Census, Sep 23, 2026, https://datacentercensus.com/dc/fermi-project-matador-carson-county-tx. |
| Link | https://datacentercensus.com/dc/fermi-project-matador-carson-county-tx |
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