Fermi Selects CBRE to Operate and Maintain Its First Data Center
Fermi Inc. has signed a five-year management agreement with CBRE for the operations and maintenance of its first data center building in the Texas Panhandle, part of its "Project Matador" campus. This partnership aims to ensure operational readiness for the large-scale AI power and compute facility near Amarillo. The agreement follows other key milestones, including securing its first customer and significant power infrastructure development.
Fermi Inc., operating as Fermi America, has announced a five-year management agreement with CBRE, a global commercial real estate services firm. Under this agreement, CBRE will be the exclusive operations and maintenance provider for "building one," Fermi's initial data center within its expansive Project Matador campus located near Amarillo, Texas in the Panhandle region. The partnership is designed to ensure safe and efficient operations, with CBRE crews and maintenance programs in place before the facility goes live.
Lee McIntire, Fermi CEO, stated the importance of locking in proven partners early, noting CBRE's experience in demanding data center environments. Scott Howard, President for the Americas for CBRE's Data Center Solutions business, emphasized their core capability in mobilizing large-scale data center campuses, ensuring the facility will be ready to perform from day one.
This agreement follows several significant developments for Project Matador. Earlier this month, the first Siemens Energy SGT6-5000F turbines arrived on site. In August, Fermi signed a binding lease with TensorWave, its first customer, and formed an alliance with Hillcore Energy Capital Corporation for approximately 2.6 gigawatts of additional power. Previously, Primoris Services Corporation and TSK were engaged as EPC partners.
Project Matador is envisioned as one of the nation's most ambitious private power and compute campuses, aiming to solve the critical constraint of large-scale, reliable power for AI infrastructure. Fermi America plans to develop a 17 GW advanced energy and AI ecosystem, integrating a private grid that includes natural gas, clean new nuclear power, utility grid power, solar, and battery energy storage, with over $1.5 billion invested in its buildout to date.