Fermi America Delivers Stellar Q4 2025 Performance: A Private Grid Pioneer Empowering the Future of Artificial Intelligence

In a highly anticipated conference call on March 30th, 2026, Fermi America's leadership team unveiled a string of impressive achievements in their fourth quarter and full-year 2025 earnings report. The company's Co-founder and CEO, Toby Neugebauer, took center stage to discuss the remarkable progress made on Project Matador, a pioneering initiative aimed at creating a private community powered by a private grid, empowering artificial intelligence that will shape tomorrow.

"We're not just building a power plant," Neugebauer emphasized. "We're creating a private community powered by a private grid to be the leader in empowering artificial intelligence that will shape tomorrow." The sheer scale and speed of execution on this project have left industry experts and investors alike in awe, with 450 million cubic feet of gas pipeline in place, 10 million gallons of water pipeline installed, grid connection achieved, and substation for an 800 MW power gen set nearing completion.

One of the key highlights from the quarter was the securing of a crucial air permit, which has turned potential buyers into confirmed customers. With a staggering 6 GW air permit already in hand, Fermi America filed for an additional five permits last Friday, further solidifying their position as a leader in this emerging market.

Neugebauer stressed the importance of earning the trust of investment-grade counterparties and investors who provide financing for multi-billion-dollar-per-gigawatt construction projects. He invited attendees to visit the site to witness firsthand the impressive execution and speed that have turned shoppers into buyers.

The company's leadership remains focused on their core mission, building a consequential company to solve critical needs for customers, protect consumers, and serve the country. Despite day-to-day market fluctuations, they remain steadfast in their commitment to excellence, engineering, and accounting to deliver results that will earn the trust of investors and counterparties alike.

Fermi America's CFO, Miles Everson, took over from Neugebauer to discuss the company's financial performance for the quarter. Although details were not provided during this part of the call, it is clear that the company has made significant strides in various areas, setting them up for continued growth and success in the future.