Skip to content
CARTIS

Project Matador HyperGrid Power Site

Texas Panhandle near Amarillo, Texas, United StatesUnder construction
Evidence
Utility capacity
86 MW
Updated
Oct 28, 2026
Utility
Southwestern Public Service Company

On October 15, 2026, Fermi reported that three GE Vernova 6B gas turbines had arrived at Project Matador, following its September 28 selection of NAES to operate the natural-gas fleet. Equipment arrival and operator selection do not establish energization or first power; gas-generation capacity is not data center IT capacity. Project Matador's HyperGrid is an actively financed and permitted private-power development with gas assets, grid supply and longer-term nuclear, solar and battery plans. Project Matador HyperGrid Power Site is located in Texas Panhandle near Amarillo, TX, US and is a generation site in construction status.

Capacity

Gas generation air permit approved

Actual

6 GW

Generation capacity; not IT capacity

Source

Secured generation assets approximately

Actual

2 GW

Generation capacity; not IT capacity

Source

Sps grid service committed

Actual

86 MW

Source

Planned nuclear capacity

Planned / design or future potential

4.4 GW

Generation capacity; not IT capacity

Source

Operating IT capacity: Not established in published records

A missing figure does not mean zero. Planned, utility and generation figures are not operating IT capacity.

Development

SPS grid-supplied bridge powerAnnounced or preconstruction

Utility supply is distinct from onsite generation.

Initial secured gas-generation assetsUnder construction

Approximately 2 GW secured/contracted assets; no operating capacity.

Permitted gas buildoutAnnounced or preconstruction

Air permit is not construction completion.

Incremental gas buildoutAnnounced or preconstruction

Would bring total gas authorization to about 11 GW if approved.

Four-reactor nuclear programAnnounced or preconstruction

4 buildings

Long-term 4.4 GW plan; no operating unit.

Milestones (3)
TCEQ final air-permit approval

Feb 25, 2026 · Recorded actual event

Completed · Event type not stated

Source not linked
Incremental TCEQ application filed

Mar 27, 2026 · Recorded actual event

Completed · Event type not stated

Source not linked
First three Siemens turbines arrived

Jul 21, 2026 · Recorded actual event

Completed · Event type not stated

Source not linked

Participants

Fermi Inc.

Developer

Sources by role
Developer (1)
Developer (1)
Other participants (3)
Hyundai Engineering & Construction

Contractor

Sources by role
Contractor (1)
Siemens Energy

Supplier

Sources by role
Supplier (1)
Supplier (1)
Southwestern Public Service Company

Utility provider

Sources by role
Utility provider (1)

Capital & incentives

Capital claims and financing records may overlap. Their amounts are not added together.

Capital claims

Mu fg equipment facility up to

Actual

$500 million

Source

Keystone cape facility up to

Actual

$200 million

Source

Financing records

Equipment financing facility

$500m

Feb 10, 2026

Up-to commitment for three Siemens F-class turbines and related equipment; not full project financing.

Parties & sources

Fermi Inc. (Sponsor and indirect borrower) · MUFG (Lender)

Sources (2)

High voltage equipment facility

$200m

Feb 19, 2026

Facility arranged by Cape; more than USD 100 million initially committed by Keystone.

Parties & sources

Cape Commercial Finance (Arranger) · Fermi Inc. (Sponsor) · Keystone National Group (Lender)

Sources (1)

Site & development

Site work to receive turbines underway

Actual

True

Source

Technical specifications

Base private power plan

Actual

11 GW

Source

Conditional expanded power plan

Actual

17 GW

Source

First power target

Actual

2026

Source

Additional project facts

Incremental gas permit application

Actual

5 GW

Source

First three f class turbines combined rating up to

Actual

780 MW

Source

First three f class turbines at port of houston

Actual

True

Source

Planned nuclear reactors

Actual

4 reactors

Source

First nuclear unit target

Actual

2032

Source

Solar component planned

Actual

True

Source

Battery storage component planned

Actual

True

Source

Infrastructure & permits

Technical details (6)
Electric grid

Secured or contracted

200 MW

86 MW expected and additional 114 MW targeted but not fully committed.

Onsite natural gas generation

Under construction

2 GW

Approximately 2 GW secured/contracted assets; 780 MW of F-class turbines reached Houston.

Onsite generation

Permitted or installed

6 GW

Air authorization, not installed or operating capacity.

Onsite generation

Potential or planned

4.4 GW

Four-reactor long-term plan; licensing and financing incomplete.

Solar

Planned or represented

No site-specific installed MW disclosed.

Battery storage

Planned or represented

No site-specific installed MWh disclosed.

Permit · Status not stated

Project Matador nuclear program

U.S. Nuclear Regulatory Commission

Jun 17, 2025

Sources (1)
Permit · Issued

Project Matador gas generation

Texas Commission on Environmental Quality

Feb 25, 2026

Sources (2)
Permit · Status not stated

Incremental gas generation

Texas Commission on Environmental Quality

Mar 27, 2026

Sources (2)

Public-source research. Plans may change. See Evidence for sources and qualifications.

Related projects (1)
Project Matador Data Center Campus

Preconstruction · Texas Panhandle near Amarillo, Texas, United States

Same locality: Texas Panhandle near Amarillo · Shared participant: Fermi Inc.

Compare in a collection