Fermi (FRMI) Selects TSK to Lead Engineering, Project Management for Phase Two of Project Matador in Texas
Key takeaways
- Fermi (FRMI) Selects TSK to Lead Engineering, Project Management for Phase Two of Project Matador in Texas Maham Fatima Tue, June 30, 2026 at 6:46 PM GMT+7 1 min read FRMI SIE.DE Fermi Inc.
- Project Matador is a private energy system designed to supply up to 17 GW of electricity directly to hyperscale AI and advanced computing facilities.
- This partnership reflects a growing trend of developers investing in dedicated power assets to secure electricity for AI infrastructure.
Fermi (FRMI) Selects TSK to Lead Engineering, Project Management for Phase Two of Project Matador in Texas Maham Fatima Tue, June 30, 2026 at 6:46 PM GMT+7 1 min read FRMI SIE.DE Fermi Inc. (NASDAQ:FRMI) is one of the undervalued stocks with high upside potential. On June 26, Fermi America selected Spanish EPC contractor TSK to lead engineering and project management for the second phase of "Project Matador," a massive Texas power campus. TSK will oversee permitting and infrastructure planning for three Siemens SGT6-5000F gas turbines, which are intended to provide reliable, dispatchable power for the site.
Project Matador is a private energy system designed to supply up to 17 GW of electricity directly to hyperscale AI and advanced computing facilities. By combining natural gas, nuclear, solar, and battery storage, the campus aims to address the surging energy demands of the technology sector.
This partnership reflects a growing trend of developers investing in dedicated power assets to secure electricity for AI infrastructure. By using TSK's specialized EPC expertise, Fermi Inc. (NASDAQ:FRMI) aims to accelerate development timelines and reduce execution risks as it scales this critical energy project.