Fermi, Hillcore Partner on 2.6 GW Power Complex
Fermi and Hillcore sign agreement for 2.6 GW power complex, doubling Project Matador capacity to 4.8 GW
FRMI Fermi, Hillcore Partner on 2.6 GW Power Complex, Doubling Project Matador Capacity to ~4.8 GW • Fermi and Hillcore signed a framework agreement for a 2.6 GW power complex, including 2.5 GW of natural gas generation and ~100 MW of solar-storage capacity. • Hillcore will finance, build, own and operate the facility, with Fermi expecting no upfront capital expenditure under the BOOT structure. • The initial 350 MW power block targets first power within 24 months, while Fermi will purchase power as customer leases are signed.