Former Energy Secretary Rick Perry’s startup Fermi America filed for an IPO to fund its $2B “HyperGrid” campus in Texas. (E&E News)
The 5,200-acre gas, nuclear, solar, and battery hub is being pitched as a one-stop shop for AI compute. Phase one targets 1 GW by late 2026 using gas and grid power. Long-term plans call for 11 GW—including four Westinghouse reactors—with nuclear slated to carry more than half the load by the 2030s.
To note: Analysts doubt the 11-GW vision is realistic (NRC licensing, turbine supply, and tenant contracts are major hurdles) but even partial build-out could make it one of the largest data-center energy projects in the US.