Fermi (FRMI) Investor presentation summary

Leadership and governance

• Leadership team has deep experience in energy, technology, and project finance, with recent board expansion and an active CEO search underway.

• New headquarters established in Dallas, TX, reflecting operational growth and strategic focus.

Project scale and infrastructure

• Campus spans approximately 7,570 acres, making it one of the world's largest advanced energy and AI campus sites.

• Infrastructure includes over 15 million sq. ft. of data center space, major natural gas pipelines within 20 miles, and extensive water and fiber access.

• Project Matador has completed significant foundational work, including installation of natural gas and water lines, and site preparation for over 11 million sq. ft.

Power generation and permitting

• Permitted for 6 GW of federal air capacity, with an additional 5 GW application filed; long-term scalability targets up to 17 GW.

• Diverse generation portfolio includes gas and nuclear, with multiple turbine platforms secured and staged for deployment.

• Closed-loop water system reduces water use by 80% compared to conventional cooling.