October 29, 2025
In a significant move to power the digital economy, U.S. energy grid developer Fermi has finalized agreements to commence production of four large-scale nuclear reactors. These units are destined for a private data center grid campus under development in Texas.
The company announced it has signed a major component manufacturing contract with South Korea's Doosan Enerbility. This agreement covers the production of reactor pressure vessels, steam generators, and other essential components. Fermi stated that this deal solidifies its "preeminent position for Westinghouse AP1000 reactor projects," indicating the specific reactor technology to be deployed.
A separate, parallel contract has been signed with Hyundai Engineering & Construction (E&C). This Front-End Engineering Design (FEED) agreement will initiate engineering activities for "Project Matador," the name given to the Texas-based private grid campus.
The ambitious Project Matador campus is designed as a multi-source power facility, integrating natural gas, solar, nuclear, and battery storage. Upon completion, the campus is projected to achieve a total capacity of 11 gigawatts (GW), making it one of the largest power generation sites of its kind.
These contracts represent the next phase in Fermi's strategic partnerships. The announcement follows a Memorandum of Understanding with Doosan Enerbility, signed in the summer of 2025, which focused on the joint development of large-scale commercial nuclear plants and small modular reactor (SMR) technologies. The agreement with Hyundai E&C also builds upon an earlier Strategic Partnership Agreement, marking the Early Contractor Involvement (ECI) phase of their collaboration.
Looking ahead, Fermi anticipates finalizing a full Engineering, Procurement, and Construction (EPC) contract for the project in early 2026.
SOURCE enerdata
