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Fermi Inc.
Fermi Inc. insiders, Toby R. Neugebauer and the Melissa A. Neugebauer 2020 Trust, reported changes in their beneficial ownership as of October 20, 2026. This filing provides the required disclosure regarding the adjustment of their equity holdings.…more
Fermi Inc.
Toby R. Neugebauer, an insider at Fermi Inc., has filed an SEC Form 144 to report a proposed sale of company securities. This filing serves as a formal notification of the insider's plan to dispose of shares.…more
Fermi Inc.
Fermi Inc. has amended its Equipment Supply Loan Financing Agreement with MUFG Bank, eliminating the requirement to secure a lease or offtake arrangement for 400 MW by November 10, 2026. This amendment removes approximately $56 million in potential principal payments scheduled through the second quarter of 2027, in exchange for a $25 million amendment fee.…more
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Fermi Amends MUFG Loan Terms, Easing Repayment Obligations
Fermi has amended its equipment supply loan agreement with MUFG to remove a mandatory lease or offtake covenant for the Project Matador site. This change eliminates approximately $56 million in potential principal payments scheduled through the second quarter of 2027.…more
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Fermi has entered into a credit support agreement with AMD to facilitate the lease for its AI infrastructure project in Texas. While this marks a milestone for project financing, the lack of specific financial terms leads to a neutral outlook.…more
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Fermi's subsidiary, Fermi Services, has signed a management agreement with CBRE to provide operations and maintenance for its first data center in Texas. The contract spans five years from the facility's operational start date with options for renewal.…more
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