EARNINGS AND TRADING: Fermi secures USD156 million in funding
1st Apr 2026 14:51
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
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
(Alliance News) - Stocks were called to open higher on Monday, ahead of US consumer inflation expectations in the afternoon. Read More
(Alliance News) - Fermi Inc on Monday said it has inked a memorandum of understanding with hybrid dry-wet cooling innovator MVM EGI Zrt, for the development of a next generation cooling system at Fermi's 11 gigawatt energy grid campus. Read More
Fermi Inc - Amarillo, Texas-based real estate investment trust, which focuses on data centres - Confirms the company is in discussions for over USD4 billion in project financing for its first tenant. Fermi said it is projected to be non-recourse financing through a special purpose vehicle. The announcement was made in response to inquiries from London press. Read More
(Alliance News) - Fermi Inc on Tuesday said it began on-site construction at its Project Matador campus in the third quarter, as the company reported a "fortified" cash balance from its initial public offering. Read More