Fermi America™ Secures $165 Million Equipment Financing Facility from CSG Investments, an Affiliate of Beal Bank USA, to Accelerate Delivery of Six SGT-800 Gas Turbines for 2028 Delivery a...
Fermi Inc. (FRMI)
Company Research
Source: Yahoo! Finance
This Fleet of Siemens Energy Units is Scheduled to Arrive in 2028, Consistent with Project Matador's Scheduled Power Ramp AMARILLO, Texas March 27, 2026 /PRNewswire/ -- Fermi Inc. (d/b/a Fermi America) (NASDAQ & LSE: FRMI), operating as Fermi America™, today announced that it has secured a $165 million senior secured, first lien delayed draw term loan from CSG Investments, Inc., an affiliate of Beal Bank USA, to finance the remaining progress payments on its previously ordered six Siemens Energy SGT-800-57 gas turbines, with delivery scheduled in 2028. First phase of construction at Fermi America's Project Matador campus. A private energy campus built to deliver power at true hyperscale so that the world's leading companies can continue innovating at the speed of capitalism — Project Matador combines clean natural gas, advanced nuclear, solar, and battery storage into a single, integrated HyperGrid™. Anchored by Siemens Energy SGT-800 gas turbines as the near-term foundation, t
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News
- Fermi America™ Secures $165 Million Equipment Financing Facility from CSG Investments, an Affiliate of Beal Bank USA, to Accelerate Delivery of Six SGT-800 Gas Turbines for 2028 Delivery at Project MatadorPR Newswire
- Fermi (FRMI) had its "sell (e+)" rating reaffirmed by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Fermi to file additional 5GW Clean Air Permit with TCEQ [Yahoo! Finance]Yahoo! Finance
- World's Largest Private Grid, Fermi America™ to File Additional 5GW Clean Air Permit for Project Matador with the Texas Commission on Environmental Quality (TCEQ) Upsizing Campus Projections to 17GW of Private Power [Yahoo! Finance]Yahoo! Finance
- World's Largest Private Grid, Fermi America™ to File Additional 5GW Clean Air Permit for Project Matador with the Texas Commission on Environmental Quality (TCEQ) Upsizing Campus Projections to 17GW of Private PowerPR Newswire
FRMI
Sec Filings
- 2/25/26 - Form 8-K
- 2/17/26 - Form SCHEDULE
- 2/10/26 - Form 8-K
- FRMI's page on the SEC website