Fermi America Outlines Risks As It Files For IPO For Nuclear-Powered Data Centre

‘Project Matador’ in Texas could see deployment of four Westinghouse AP1000 reactors

Fermi America Outlines Risks As It Files For IPO For Nuclear-Powered Data Centre
A computer-generated image of the planned reactor and data centre facility in Texas. Courtesy Fermi America.

Fermi America, a company founded by former US energy secretary Rick Perry which is aiming to build one of the world’s largest data centre complexes powered partly by nuclear plants, has filed for an initial public offering.

The company, which launched in June, is planning a “hypergrid” campus – essentially a massive gas, nuclear and solar complex that could deliver its first power to onsite data centres by the end of 2026.

It said the project to build the “Advanced Energy and Intelligence Campus” at Texas Tech University near Amarillo, Texas, will be known as “Project Matador”.

Want to keep reading?

Register free and get full access to NucNet for 14 days. No card required.

Republish or license this article

MORE THAN 30 YEARS OF NUCLEAR INDUSTRY REPORTING.

Subscribe for full access to every article, the archive and the SMR and AMR database.

Join NucNet