Core Insights - Fermi America has entered a long-term capital lease agreement with Mobile Power Solutions for seven GE TM2500 gas turbines, totaling 157.5 megawatts (MW) of capacity, as part of Project Matador, which aims to create the world's largest private HyperGrid campus [1][2]. Company Developments - The TM2500 turbines will enhance Fermi's natural gas platform and are expected to be operational in early 2026, contributing to the initial 500 MW of generation capacity [2]. - This agreement signifies a strategic partnership between Fermi America and Mobile Power Solutions, focusing on efficiency, reliability, and U.S. energy security [2][4]. - Fermi America aims to integrate various energy sources, including natural gas, nuclear, solar, and battery storage, to support the growing demand for artificial intelligence [2][3]. Strategic Goals - The partnership is part of Fermi's aggressive growth strategy to meet the increasing energy demands associated with AI development [2]. - The 20-year lease agreement indicates a long-term commitment to enhancing America's energy infrastructure [2][4]. - Fermi America is positioned to play a significant role in the future of energy and intelligence in the U.S., as emphasized by its leadership [2][3].