Fermi secures 2.6 GW power deal for Texas AI campus
Fermi Energy signs agreement to expand power capacity at its Texas AI data center campus, supporting high-density computing infrastructure.

Fermi Energy has agreed to add 2.6 gigawatts of power capacity at its AI-focused data center campus in Texas, the company said on Monday.
The expansion will support the growing energy demands of high-density computing infrastructure, including artificial intelligence workloads, at the facility. Fermi did not disclose financial terms, project timelines, or specific power sources for the capacity addition.
The Texas campus is part of Fermi’s broader strategy to expand AI-optimized data center infrastructure amid surging demand for computational resources. The company has previously highlighted the site as a key hub for AI development and deployment.
Fermi operates multiple data centers in Texas, where energy costs and grid reliability have become critical factors for operators. The additional capacity underscores the state’s role as a leading destination for AI infrastructure investment in the U.S.
The deal follows recent announcements by other data center operators, including hyperscalers, to secure long-term power agreements to meet AI-driven electricity needs.
Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.
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