· Context
Fermi announces a 15-year lease with TensorWave at Project Matador
ABC 7 Amarillo reported that Fermi signed a $6.5 billion, 15-year lease with AI cloud provider TensorWave for part of the Project Matador campus, its first binding customer agreement, with delivery to begin in stages in the second half of 2027 and the lease subject to conditions including project financing.[1]
Fermi America (Fermi, Inc.)
What the sources say
- ✓ Verified
Fermi signed a $6.5 billion, 15-year lease with TensorWave for a 222-megawatt facility, its first binding customer agreement; the lease is subject to conditions including project financing and guarantees.[1]
- Lease value
- $6,500,000,000
- Lease years
- 15
- Megawatts
- 222