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Fermi's Siemens turbines arrive in Houston for Texas AI campus

Tue, 21 Jul 2026 16:32:38 -0400

Fermi Inc. (NASDAQ: FRMI) announced that three Siemens Energy SGT6-5000F natural gas turbines have arrived at the Port of Houston, destined for the company's Project Matador site near Amarillo, Texas.

The three turbines are rated at up to 780 megawatts combined in simple-cycle mode, with each unit capable of producing up to 260 megawatts. According to the company, the turbines will form part of the second phase of Project Matador, an energy and AI campus the company describes as one of the world's largest of its kind.

Fermi states it has secured or leased 7,570 acres in the Texas Panhandle and has

Fermi Announces First Siemens Turbines Arrive at Port of Houston

Tue, 21 Jul 2026 16:30:00 -0400

Arrival marks an important milestone in the development of Fermi's Project Matador

SGT6-5000F natural gas turbines will anchor what is expected to be the nation's largest combined-cycle natural gas project

DALLAS, TX / ACCESS Newswire / July 21, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today announced the arrival of three Siemens Energy SGT6-5000F natural gas turbines at the Port of Houston. Together, the three turbines are rated at up to 780 megawatts in simple-cycle mode. They are bound for Fermi's Project Matador, an advanced energy and

Fermi Announces First Siemens Turbines Arrive at Port of Houston

Tue, 21 Jul 2026 16:30:00 -0400

Arrival marks an important milestone in the development of Fermi's Project Matador

SGT6-5000F natural gas turbines will anchor what is expected to be the nation's largest combined-cycle natural gas project

Miles Everson resigns from Fermi board

Tue, 21 Jul 2026 16:03:41 -0400

On July 10, 2026, the Board of Directors (the “Board”) of Fermi (NASDAQ: FRMI) received a letter from Mr. Miles Everson pursuant to which Mr. Everson resigned as a director of the Company, effective immediately. On July 19, 2026, the Company received a response letter (the “Response Letter”) from Mr. Everson to its Current Report on Form 8-K,

Miles Everson resigns from Fermi board

Tue, 21 Jul 2026 16:03:41 -0400

Form 8-K/A Fermi Inc. For: Jul 10

Tue, 21 Jul 2026 16:01:00 -0400

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Form SCHEDULE 13G Fermi Inc. Filed by: Caddis Holdings, LP

Mon, 20 Jul 2026 16:50:00 -0400

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Fermi Announces Second Quarter 2026 Earnings Release and Call Date

Mon, 20 Jul 2026 16:30:00 -0400

Fermi to host earnings call on August 13, 2026

DALLAS, TX / ACCESS Newswire / July 20, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), announced today that it plans to release second quarter 2026 financial results at 7 a.m. Eastern Time / 12 p.m. British Time on Thursday, August 13, 2026. This announcement will be followed by an earnings conference call at 9 a.m. Eastern Time / 2 p.m. British Time. The Company's earnings release and supplemental information will be posted to the Investors section of

Fermi Announces Second Quarter 2026 Earnings Release and Call Date

Mon, 20 Jul 2026 16:30:00 -0400

Fermi to host earnings call on August 13, 2026

Form 8-K Fermi Inc. For: Jul 09

Wed, 15 Jul 2026 16:55:00 -0400

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Fermi raises $431M in convertible notes for AI campus project

Wed, 15 Jul 2026 08:32:00 -0400

Fermi Inc. (Nasdaq: FRMI) has closed an upsized offering of $431.25 million in 5.00% Convertible Senior Notes due 2031, according to a company statement. The offering included the full exercise of an option for an additional $56.25 million in notes by initial purchasers.

The notes carry a 5.00% annual interest rate and mature on July 15, 2031. The initial conversion price is approximately $9.52 per share, a 30% premium to Fermi's July 9, 2026 closing stock price. Net proceeds totaled approximately $416.81 million after deducting discounts, commissions, and estimated expenses.

Fermi entered into capped call transactions costing approximately $34.5 million, setting an

Fermi Outlines Strategic Rationale for Upsized $431 Million Convertible Notes Offering

Wed, 15 Jul 2026 08:30:00 -0400

Flexible convertible structure with shareholder-friendly capped call minimizes dilution

Proceeds strengthen liquidity in midst of customer and partner negotiations and preserve Fermi's speed-to-power advantage

Attractive five-year cost of capital provides run room to advance multiple commercial tracks in parallel

DALLAS, TX / ACCESS Newswire / July 15, 2026 / Fermi Inc. (Nasdaq:FRMI)(LSE:FRMI), operating as Fermi America^™ ("Fermi" or the "Company"), outlined today the strategic rationale for its recently closed and upsized offering of $431.25 million aggregate principal amount of 5.00% Convertible Senior Notes due 2031 (the "Notes"), which included the exercise in full of

Fermi Outlines Strategic Rationale for Upsized $431 Million Convertible Notes Offering

Wed, 15 Jul 2026 08:30:00 -0400

Flexible convertible structure with shareholder-friendly capped call minimizes dilution

Proceeds strengthen liquidity in midst of customer and partner negotiations and preserve Fermi's speed-to-power advantage

Attractive five-year cost of capital provides run room to advance multiple commercial tracks in parallel

Fermi board member quits over $375M convertible note offering

Mon, 13 Jul 2026 13:16:56 -0400

Miles Everson resigned from the board of Fermi Inc. (Nasdaq: FRMI) after the company completed a $375 million convertible note offering without notifying all board members in advance, according to a statement from co-founder and largest shareholder Toby Neugebauer.

In his resignation letter, Everson stated he had not received board minutes or board communications for months. "For the avoidance of doubt, I am not resigning for personal reasons, due to time constraints or as part of an ordinary-course board transition. I am resigning because I disagree with the company's failure to provide directors with required board and committee minutes and related

Fermi board member quits over $375M convertible note offering

Mon, 13 Jul 2026 13:16:56 -0400

Fermi board member quits over $375M convertible note offering

Mon, 13 Jul 2026 13:16:56 -0400

Neugebauer Addresses $375mm Convertible Note Offering that Resulted in Former Fermi CFO Miles Everson's Resignation from Fermi Board; Reaffirms Confidence in Company Securing Its Tenant