Core Insights - Fermi America has announced a partnership with the City of Amarillo and Carson County to promote economic growth, job creation, and energy dominance in the U.S. [1][2] Water Supply Agreement - The Amarillo City Council has approved a water-supply agreement allowing Fermi America to access up to 2.5 million gallons per day (MGD) at a rate double that of local taxpayers [2][4] - The agreement includes a non-binding memorandum of understanding (MoU) for potential scaling up to 10 MGD as the project expands [2] Tax Incentives - Carson County has approved a 10-year tax abatement and reinvestment zone for Fermi America's 11GW private grid campus, which is expected to generate new tax revenues and sustainable jobs [2][4] Economic Impact - The collaboration with the Texas Tech University System aims to diversify the local economy and create high-paying jobs while supporting local initiatives [2][3] Company Overview - Fermi America is focused on developing next-generation electric grids capable of delivering gigawatt-scale power essential for advanced artificial intelligence applications [3] - The company plans to integrate various energy sources, including nuclear power, natural gas, solar power, and battery storage, into its private grid campus [3]