News
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PRESS RELEASE
Fermi Announces Binding Lease Agreement with TensorWave
Fermi Inc. announces execution of first binding customer lease at Project Matador campus in Texas, expecting over $6.5 billion in revenue from 222 MW facility. Partnership set to grow to over 650 MW. Construction progressing with initial power targeted for 2026 -
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PRESS RELEASE
Fermi Outlines Strategic Rationale for Upsized $431 Million Convertible Notes Offering
Fermi Inc. outlines strategic rationale for $431.25 million offering of 5.00% Convertible Senior Notes due 2031 with capped call feature to strengthen balance sheet, enhance liquidity, and support Project Matador development