Upgrade to SI Premium - Free Trial

Fermi Inc. taps TSK for early engineering on three gas turbines

June 25, 2026 8:31 AM

Fermi Inc. (NASDAQ: FRMI) has signed a service agreement with TSK Electronica y Electricidad USA Corp. for early works engineering on three Siemens SGT6-5000F gas turbines intended for the second phase of its Project Matador development.

TSK, listed on the Spanish stock exchange (BME: TSK) and headquartered in Gijón, Spain, will provide engineering and management services to advance permitting, mobilize site activities, and manage the Siemens contract-related engineering scope. The company reported annual revenues approaching €1 billion and has delivered projects in more than 50 countries.

Under the agreement, TSK will handle what Fermi describes as "fast start" engineering deliverables aimed at accelerating project execution timelines.

"This agreement represents another important step in advancing the next phase of Project Matador," said Jacobo Ortiz, Co-President of Fermi America.

Chad Ingersoll, Vice President of Construction at Fermi America, said TSK's involvement would help maintain momentum on permitting and site activities while managing the Siemens engineering scope.

"TSK is honored to partner with Fermi on this landmark project," said Joaquín García Rico, CEO of TSK. "We are fully committed to bringing our global engineering and EPC expertise to deliver these early works with speed, quality, and certainty."

Project Matador is described by the company as a behind-the-meter campus intended to integrate natural gas, nuclear, solar, battery storage, and utility grid power to support AI and advanced computing infrastructure in Texas.

Categories

Corporate News

Next Articles