Fermi strikes 2.6 GW power deal with Hillcore for Texas AI campus

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Fermi and Hillcore Energy Capital Announce 2.6 Gigawatt Power Strategic Alliance for Project Matador

August 11, 2026 5:15 PM EDT

Doubles Fermi power to market to 4.8 gigawatts (GW) over the next ~30 months

Build-Own-Operate-Transfer structure accelerates one of America's largest AI campus power programs - with no capital outlay by Fermi

DALLAS, TX / ACCESS Newswire / August 11, 2026 / Fermi Inc. (NASDAQ: FRMI)(LSE: FRMI), operating as Fermi America ("Fermi" or the "Company"), announced the execution of a framework agreement with Hillcore Energy Capital Corporation ("Hillcore") under which Hillcore will finance, build, own and operate the... More