What’s behind the Legislature’s relentless campaign against wind and solar power, which are saving Texans billions?

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A spokesperson for Fermi says Perry can remain on the board until his successor is elected, and he remains eligible for reelection.

“The animals jump on them and they fry,” the president said, among other things.

Fermi, an AI-driven nuclear power company, has appointed Lee McIntire as its new CEO following the departure of co-founder Toby Neugebauer. McIntire, a former executive at CH2M Hill and TerraPower, brings extensive experience in large-scale projects. Fermi is developing Project Matador, an AI-powered campus in Amarillo, Texas, designed to use nuclear reactors for data center energy. The company's stock rose nearly 23% after announcing TensorWave as its first customer for the project. The CEO change follows a restructuring in April when Neugebauer and CFO Miles Everson were removed, marking Fermi 2.0. Marius Haas, the chairman, emphasized McIntire's expertise in delivering complex projects on time and within budget. The announcement highlights Fermi's focus on construction and power delivery, with plans to ensure safety and regulatory compliance. The new CEO's background aligns with Fermi's goals to advance nuclear energy integration with AI technologies.

Fermi America, a private energy developer in the United States, is moving ahead with what could become one of the most significant privately financed clean energy projects globally.

for Project Matador with the Texas Commission on Environmental Quality (TCEQ) Upsizing Campus Projections to 17GW of Private Power New Permit to be Filed Within Weeks of the Site’s First 6GW Clean Air Permit Approval Signals Project Matador’s Plans for 17GW of Total Campus Power, Making It Largest in the World Adding additional high-paying construction jobs and permanent careers to the Texas Panhandle AMARILLO, Texas, March 16, 2026 /PRNewswire/ — Fermi Inc. (d/b/a Fermi America) (NASDAQ & LSE: FRMI), operating as Fermi America™, in partnership with the Texas Tech University System (TTU System), today announced its intention to file an […]

from Keystone National Group and Cape Commercial Finance to Accelerate the Delivery of the First 2.3GW of Project Matador’s 11GW Private HyperGrid™ Campus Enables Fermi America to accelerate the procurement of long lead high voltage assets, supporting the buildout of its first 2.3GW of power infrastructure Complements $500 Million Turbine Warehouse from leading global financial institution MUFG Bank, Ltd. (MUFG), demonstrating growing institutional confidence in Project Matador Highly flexible structure that enables capital to be recycled for future procurement as assets are taken out by project financing Facility arranged by Cape Commercial Finance AMARILLO, Texas, Feb. 20, 2026 /PRNewswire/ — […]

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