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Fermi Amends Equipment Supply Loan Financing Terms With MUFG To Eliminate Covenant Requiring A Lease Or Offtake Arrangement For 400 MW On The Project Matador Site By November 10

Oct 16, 2026 · 06:13 AM ET· updated 1h ago

On October 16 2026, Fermi Inc. (the "Company") announced that Fermi Turbine Warehouse LLC (the "Borrower") and Firebird Equipment Holdco LLC, each an indirect wholly owned subsidiary of the Company,

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Why It Matters

Fermi got permission to change a loan rule with its bank MUFG. Now the company has more time and flexibility to find a customer for its power project.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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