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Cartis diligence evidence schedule

Project Matador HyperGrid Power Site

PRJ-0396 · Site · Texas Panhandle near Amarillo, Texas, United States

Captured 2026-09-06T04:12:51.871Z · Record last updated 2026-08-25

SHA-256: 8d2b5bb4a2b34a811d6dc47fb51f13821a971344d6f42a39f09d089fd5ffa2cb

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Scope and 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.

Headline: 86 MW Utility capacity

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Claims and exhibit sources

Base Private Power Plan · 11 GW

actual · Project Matador HyperGrid Power Site (project)

Claim 36688 · Review: Approved · Claim date: Not published

  1. Fermi Form 10-Q for quarter ended March 31, 2026

    U.S. Securities and Exchange Commission · Document date: 2026-05-14 · Primary

    https://www.sec.gov/Archives/edgar/data/2071778/000207177826000032/frmi-20260331.htm
  2. Fermi 2025 Form 10-K

    U.S. Securities and Exchange Commission · Document date: 2026-03-30 · Corroborating

    https://www.sec.gov/Archives/edgar/data/2071778/000207177826000010/frmi-20251231.htm

Conditional Expanded Power Plan · 17 GW

actual · Project Matador HyperGrid Power Site (project)

Claim 36689 · Review: Approved · Claim date: Not published

  1. Fermi Form 10-Q for quarter ended March 31, 2026

    U.S. Securities and Exchange Commission · Document date: 2026-05-14 · Primary

    https://www.sec.gov/Archives/edgar/data/2071778/000207177826000032/frmi-20260331.htm
  2. Fermi files additional 5 GW clean-air permit and describes 17 GW plan

    Fermi America · Document date: 2026-03-14 · Corroborating

    https://fermiamerica.com/worlds-largest-private-grid-fermi-america-to-file-additional-5gw-clean-air-permit-for-project-matador-with-the-texas-commission-on-environmental-quality-tceq-upsizing-campus-proje/
  3. Project Matador current project website

    Fermi America · Document date: Not published · Corroborating

    https://fermiamerica.com/

Gas Generation Air Permit Approved · 6 GW

actual · Project Matador HyperGrid Power Site (project)

Claim 36690 · Review: Approved · Claim date: Not published

  1. Fermi Form 10-Q for quarter ended March 31, 2026

    U.S. Securities and Exchange Commission · Document date: 2026-05-14 · Primary

    https://www.sec.gov/Archives/edgar/data/2071778/000207177826000032/frmi-20260331.htm
  2. Fermi receives final clean-air permit approval

    Fermi America · Document date: 2026-02-25 · Corroborating

    https://fermiamerica.com/fermi-america-receives-nations-second-largest-clean-air-permit-for-project-matador/

Incremental Gas Permit Application · 5 GW

actual · Project Matador HyperGrid Power Site (project)

Claim 36691 · Review: Approved · Claim date: Not published

  1. Fermi Form 10-Q for quarter ended March 31, 2026

    U.S. Securities and Exchange Commission · Document date: 2026-05-14 · Primary

    https://www.sec.gov/Archives/edgar/data/2071778/000207177826000032/frmi-20260331.htm
  2. Fermi 2025 Form 10-K

    U.S. Securities and Exchange Commission · Document date: 2026-03-30 · Corroborating

    https://www.sec.gov/Archives/edgar/data/2071778/000207177826000010/frmi-20251231.htm

Secured Generation Assets Approximately · 2 GW

actual · Project Matador HyperGrid Power Site (project)

Claim 36692 · Review: Approved · Claim date: Not published

  1. Fermi Q1 2026 earnings release

    U.S. Securities and Exchange Commission · Document date: 2026-05-14 · Primary

    https://www.sec.gov/Archives/edgar/data/2071778/000207177826000027/fermi1q26erex_991.htm
  2. Project Matador current project website

    Fermi America · Document date: Not published · Corroborating

    https://fermiamerica.com/

Sps Grid Service Committed · 86 MW

actual · Project Matador HyperGrid Power Site (project)

Claim 36693 · Review: Approved · Claim date: Not published

  1. Fermi 2025 Form 10-K

    U.S. Securities and Exchange Commission · Document date: 2026-03-30 · Primary

    https://www.sec.gov/Archives/edgar/data/2071778/000207177826000010/frmi-20251231.htm

First Three F Class Turbines Combined Rating Up To · 780 MW

actual · Project Matador HyperGrid Power Site (project)

Claim 36695 · Review: Approved · Claim date: Not published

  1. First Siemens Energy turbines arrive for Project Matador

    Fermi America · Document date: 2026-07-21 · Primary

    https://fermiamerica.com/first-siemens-turbines-arrive-for-project-matador/

First Three F Class Turbines At Port Of Houston · True

actual · Project Matador HyperGrid Power Site (project)

Claim 36696 · Review: Approved · Claim date: Not published

  1. First Siemens Energy turbines arrive for Project Matador

    Fermi America · Document date: 2026-07-21 · Primary

    https://fermiamerica.com/first-siemens-turbines-arrive-for-project-matador/

Site Work To Receive Turbines Underway · True

actual · Project Matador HyperGrid Power Site (project)

Claim 36697 · Review: Approved · Claim date: Not published

  1. First Siemens Energy turbines arrive for Project Matador

    Fermi America · Document date: 2026-07-21 · Primary

    https://fermiamerica.com/first-siemens-turbines-arrive-for-project-matador/

First Power Target · 2026

Planned / design or future potential · Project Matador HyperGrid Power Site (project)

Claim 36699 · Review: Approved · Claim date: Not published

  1. Project Matador current project website

    Fermi America · Document date: Not published · Primary

    https://fermiamerica.com/

Planned Nuclear Capacity · 4.4 GW

Planned / design or future potential · Project Matador HyperGrid Power Site (project)

Claim 36701 · Review: Approved · Claim date: Not published

  1. Fermi files additional 5 GW clean-air permit and describes 17 GW plan

    Fermi America · Document date: 2026-03-14 · Primary

    https://fermiamerica.com/worlds-largest-private-grid-fermi-america-to-file-additional-5gw-clean-air-permit-for-project-matador-with-the-texas-commission-on-environmental-quality-tceq-upsizing-campus-proje/

Planned Nuclear Reactors · 4 reactors

Planned / design or future potential · Project Matador HyperGrid Power Site (project)

Claim 36702 · Review: Approved · Claim date: Not published

  1. Fermi Form 10-Q for quarter ended March 31, 2026

    U.S. Securities and Exchange Commission · Document date: 2026-05-14 · Primary

    https://www.sec.gov/Archives/edgar/data/2071778/000207177826000032/frmi-20260331.htm

First Nuclear Unit Target · 2032

Planned / design or future potential · Project Matador HyperGrid Power Site (project)

Claim 36703 · Review: Approved · Claim date: Not published

  1. Fermi Form 10-Q for quarter ended March 31, 2026

    U.S. Securities and Exchange Commission · Document date: 2026-05-14 · Primary

    https://www.sec.gov/Archives/edgar/data/2071778/000207177826000032/frmi-20260331.htm

Solar Component Planned · True

Planned / design or future potential · Project Matador HyperGrid Power Site (project)

Claim 36704 · Review: Approved · Claim date: Not published

  1. Fermi Form 10-Q for quarter ended March 31, 2026

    U.S. Securities and Exchange Commission · Document date: 2026-05-14 · Primary

    https://www.sec.gov/Archives/edgar/data/2071778/000207177826000032/frmi-20260331.htm
  2. Project Matador current project website

    Fermi America · Document date: Not published · Corroborating

    https://fermiamerica.com/

Battery Storage Component Planned · True

Planned / design or future potential · Project Matador HyperGrid Power Site (project)

Claim 36705 · Review: Approved · Claim date: Not published

  1. Fermi Form 10-Q for quarter ended March 31, 2026

    U.S. Securities and Exchange Commission · Document date: 2026-05-14 · Primary

    https://www.sec.gov/Archives/edgar/data/2071778/000207177826000032/frmi-20260331.htm
  2. Project Matador current project website

    Fermi America · Document date: Not published · Corroborating

    https://fermiamerica.com/

Mu Fg Equipment Facility Up To · $500 million

actual · Project Matador HyperGrid Power Site (project)

Claim 36706 · Review: Approved · Claim date: Not published

  1. Fermi Form 10-Q for quarter ended March 31, 2026

    U.S. Securities and Exchange Commission · Document date: 2026-05-14 · Corroborating

    https://www.sec.gov/Archives/edgar/data/2071778/000207177826000032/frmi-20260331.htm
  2. Fermi MUFG equipment financing 8-K

    U.S. Securities and Exchange Commission · Document date: 2026-02-10 · Primary

    https://www.sec.gov/Archives/edgar/data/2071778/000121390026014270/ea0276274-8k_fermi.htm

Keystone Cape Facility Up To · $200 million

actual · Project Matador HyperGrid Power Site (project)

Claim 36707 · Review: Approved · Claim date: Not published

  1. Fermi Keystone/Cape equipment facility

    Fermi America · Document date: 2026-02-19 · Primary

    https://fermiamerica.com/fermi-america-makes-initial-draw-on-200-million-equipment-facility-from-keystone-national-group-and-cape-commercial-finance-to-accelerate-the-delivery-of-the-first-2-3gw-of-project-matador/

Counterparties and capital

Fermi Inc. · Developer · CMP-0981

Hyundai Engineering & Construction · Contractor · CMP-0987

Siemens Energy · Supplier · CMP-0197

Southwestern Public Service Company · Utility Provider · CMP-0983

Equipment Financing Facility

$500,000,000 · 2026-02-10

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

Fermi Inc. (Sponsor And Indirect Borrower) · MUFG (Lender)

Financing record 117; claim-specific source links appear in the exhibit sources where published.

High Voltage Equipment Facility

$200,000,000 · 2026-02-19

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

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

Financing record 118; claim-specific source links appear in the exhibit sources where published.

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