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Fermi America Taps Hyundai and Doosan to Advance AP1000 Reactors for Texas AI Campus

The agreements aim to secure scarce reactor components to keep the proposed 11‑gigawatt campus on a path toward procurement under federal licensing review.

Westinghouse Nuclear's AP1000 pressurized water reactor.
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Overview

  • Fermi America signed a front‑end and basic design contract with Hyundai Engineering & Construction for four Westinghouse AP1000 reactors at its Project Matador site near Amarillo.
  • A separate deal with Doosan Enerbility begins production of critical long‑lead AP1000 equipment, which the company says positions it favorably in manufacturing queues.
  • The planned campus spans roughly 5,800 to 5,855 acres on Texas Tech University land and targets an on‑site 11 gigawatts of power from large reactors, SMRs, gas, solar and storage.
  • The project remains pre‑construction as the Nuclear Regulatory Commission reviews an integrated license application, with an EPC contract targeted for the first half of next year.
  • Fermi, a newly public REIT co‑founded by Rick Perry and Toby Neugebauer, markets the self‑powered hyperscale data center plan as a boost to U.S. AI capacity and a nuclear energy resurgence.