Core Insights - Fermi America has signed a non-binding Memorandum of Understanding (MOU) with MVM EGI Zrt. to develop a next-generation cooling system for its 11-gigawatt private energy grid campus, marking a significant advancement in delivering reliable and clean energy while conserving natural resources [1][3][5] Group 1: Partnership and Project Overview - The partnership aims to engineer hybrid dry-wet cooling towers that will significantly reduce water usage, achieving over 80% less evaporative loss compared to conventional cooling systems [2][5] - The MOU outlines a series of milestones for preliminary engineering and feasibility studies, leading to a detailed design for cooling towers that will support Project Matador's 6 gigawatts of natural gas generation and four AP1000 nuclear units [3][4] Group 2: Environmental Commitment - The hybrid cooling system will rely primarily on air cooling and closed-loop water circulation, minimizing evaporation and promoting responsible water resource management [5][7] - The collaboration emphasizes the use of recycled and reclaimed water, as well as technologies like underground reservoirs and solar-covered retention ponds to further protect the Ogallala Aquifer [5][6] Group 3: Project Timeline and Future Plans - Construction of the first cooling tower is set to begin in January 2026, with the full cooling system expected to be completed by 2034, aligning with the phased development of gas and nuclear units [4][6] - The project reflects Fermi America's commitment to community-oriented development and sustainable practices, with a long-term investment strategy tied to the health of the Panhandle region [6][7]