(Alliance News) - Toby Neugebauer on Wednesday called the company's decision to remove him from the board "completely misguided," after he stepped down as chief executive last week. Read More
(Alliance News) - Fermi Inc on Friday said it has terminated the contract of co-founder and former chief executive Toby Neugebauer, due to conduct which violated its terms. Read More
(Alliance News) - UK house price growth accelerated in April, while NatWest reported stronger first-quarter profit and income, and Santander completed its acquisition of TSB to expand its position in the domestic market. Read More
(Alliance News) - Fermi Inc on Monday appointed a new chair as it noted that both Chief Executive Toby Neugebauer and Chief Financial Officer Miles Everson are stepping down from their roles. Read More
The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Fermi Inc on Monday reported a substantial net loss in its first year of operations, as heavy non-cash charges and investment in its flagship AI-focused energy project weighed on results. Read More
Fermi Inc - Texas-based real estate investment trust focused on data centres and trading as Fermi America - Files a further clean air permit application with the Texas Commission on Environmental Quality for 5 gigawatts of additional power for its Project Matador private grid. This follows the final approval granted by the commission for its initial six-gigawatt clean air permit last month. Fermi explains this reflects its target of around 17 gigawatts of total power. Adds that this includes 11 gigawatts of natural gas power, alongside nuclear energy, solar and battery sources. Read More
(Alliance News) - Fermi Inc on Friday said it has secured its second equipment financing facility in two months to accelerate the delivery of six gas turbines for its private grid campus in Texas. Read More
(Alliance News) - Fermi Inc on Friday said it will file an additional five gigawatt clean energy permit with Texas regulators to upsize its private power campus to 17 gigawatts. Read More
(Alliance News) - Fermi Inc on Thursday said the Texas Commission on Environmental Quality has granted final approval for a clean air permit at its Project Matador campus in Amarillo, Texas. Read More
(Alliance News) - Fermi Inc on Friday said it has made an initial draw on a USD200 million equipment financing facility to support the first 2.3 gigawatts of its project Matador in Texas. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Fermi Inc on Wednesday said it has secured a USD500 million loan from Mitsubishi UFJ Financial Group Inc to support the build-out of its 11-gigawatt private energy campus in Texas. Read More
(Alliance News) - Barratt Redrow reports higher statutory interim profit and maintains full-year guidance, Severn Trent says trading is in line with expectations as it eyes record capital investment, and Edinburgh Worldwide Investment Trust urges shareholders to take no action after Saba Capital proposes new AGM resolutions. Read More
(Alliance News) - Fermi Inc shares rose on Monday as it said the first six Siemens Energy AG SGT-800 natural gas turbines have arrived at private energy campus Project Matador. Read More
(Alliance News) - London's stock markets have staged a rebound with a late spurt in activity driving the strongest year for listings since 2021, data shows. Read More
(Alliance News) - Fermi Inc on Friday said it lost a funding deal with the first potential tenant of its Matador power grid, but maintained that it will complete the project on schedule. Read More
(Alliance News) - Stocks were called to open higher in London on Friday, as the Office for National Statistics reported that the UK economy unexpectedly shrank in October. Read More
(Alliance News) - Fermi Inc on Monday reported a definitive deal for Xcel Energy Inc to supply electric services to its Matador energy grid project. Read More