ClimateFinancial Timesabout 1 hour ago
Amazon Revives Deal With Fermi America
3 min read
On November 12, 2026, Fermi America reportedly resumes negotiations with Amazon for Project Matador. The talks involve a 600 MW power capacity agreement with a $200 million upfront prepayment, contrasting the failed December 2025 deal that included only $150 million. This move follows Fermi's October 2025 IPO at a $15 billion valuation and aims to resolve governance issues hindering construction.
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