Fermi LLC(FRMI) - 2025 Q3 - Quarterly Results

Target for first power delivery from Project Matador's hybrid grid in 2026 2.2 Gigawatts Exhibit 99.1 Q3 2025 Shareholder Letter Key Highlights 11 Gigawatts Planned total generation capacity at Project Matador 1.1 Gigawatts Gas-fired generation equipment secured or under LOI - surpassing initial 2026 target 5,263 Acres 99-year campus lease with Texas Tech University commenced in September $1.6Bn Capital raised year-to-date through private financing and IPO 300K MMBtu/day of Natural Gas Secured 620 S. Taylor ...