Fermi America Secures $165 Million Equipment Financing Facility from CSG Investments to Accelerate Delivery of Six Gas Turbines for 2028 Project Matador.
Amount Raised
$165 Million
Round Type
Debt Financing
DallasInformation TechnologyEnergyOil And GasSoftwareArtificial IntelligenceRenewable EnergyBiomass EnergyInvestors
Description
Fermi America announced it has secured a $165 million senior secured loan from CSG Investments to finance progress payments on six Siemens Energy gas turbines. The delivery is scheduled for 2028 as part of Project Matador, which aims to deliver power at scale. This financing is crucial for advancing the project's milestones. The campus will integrate clean energy sources to generate low-carbon power.
Quick answer
Fermi raised $165 Million in a Debt Financing round, dated March 27, 2026. Investors: CSG Investments. Fermi is based in Dallas, Texas, United States.
- How much did Fermi raise?
- Fermi raised $165 Million in a Debt Financing round on March 27, 2026.
- Who invested in Fermi?
- CSG Investments is named as investors in this round.
- What does Fermi do?
- Fermi, co-founded by former U.S. Energy Secretary Rick Perry, is a Texas-based real estate investment trust (REIT) aiming to build one of the world’s largest data center campuses.
- Where is Fermi based and how big is it?
- Fermi is based in Dallas, Texas, United States. Fundz records about 90 employees.
- Who are the decision-makers at Fermi?
- Fundz holds 2 contacts at Fermi, including the Reporter. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Oil And Gas around the same time
Companies in the same sectors as Fermi that raised within 45 days of this round, from Fundz verified event records.
- CleanDesign raised $20M on April 28, 2026.
- TOYO Ltd raised $4.3M (Seed) on February 17, 2026.
- WorkOnGrid raised $2.4M (Seed) on April 7, 2026.
- Applied Computing raised an undisclosed amount (Corporate Round) on March 24, 2026.
- Kinewell raised $1M (Seed) on March 13, 2026.
- Legence raised $7.3M on March 1, 2026.
Who to call at Fermi, and when
A new round usually means Fermi is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Fermi raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fermi, from your own LinkedIn network
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Related People
Fermi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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