Fermi Signs First Binding 15-Year TensorWave Lease Worth $6.5B For 222MW AI Data Center, With Expansion Rights To More Than 650MW
Intends to grow the partnership to more than 650 megawatts (MW) over three phasesFirst phase to deliver a complete turnkey data center solution with 222 MW beginning in the second half of 2027, representing
Fermi just locked in a huge 15-year deal to build giant computer centers for AI work, starting with 222 megawatts in 2027 and potentially growing much bigger. This shows Fermi has serious, long-term customers betting on AI needing lots of power, which is good for the company's future.
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