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Fermi Inc.

Regulatory Filings Nov 6, 2025

17756_rns_2025-11-06_a932cb6c-c28d-4cad-a467-5acce5f8d3b6.html

Regulatory Filings

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National Storage Mechanism | Additional information

RNS Number : 4677G

Fermi Inc.

06 November 2025

A construction site with a pipe Description automatically generated

Fermi America™ Announces Execution of an Advance in Aid of Construction Agreement for $150 Million with its First Prospective Client

Amarillo, Texas (November 6, 2025) - Fermi America (Nasdaq: FRMI) today announced the execution of an Advance in Aid of Construction Agreement (AIAC) for $150 million with its first prospective client.

For media inquiries, please contact: Lexi Swearingen [email protected] 

About Fermi America  

Fermi America&a=Fermi+America)™ (Nasdaq: FRMI) (https://fermiamerica.com/) is pioneering the development of next-generation private electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry, and Co-founder and former Co-Managing Partner of Quantum Energy, Toby Neugebauer, Fermi America™ combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world's largest, 11 GW next-gen private grid. The behind-the-meter Project Matador campus is expected to integrate the nation's biggest combined-cycle natural gas project, one of the largest clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to deliver hyperscaler artificial intelligence.   

Forward-looking Statements 

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our strategy, future operations, financial position, prospects, plans and objectives of management. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "will be," "will likely result," "should," "expects," "plans," "anticipates," "could," "would," "foresees," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "outlook," or "continue" or the negative of these words or other similar terms or expressions. These forward-looking statements are not guarantees of future performance, but are based on management's current expectations, assumptions, and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. Our results could be materially different from our expectations because of various risks. 

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