Deals Counterparts

Fermi America & Hyundai E&C Partner on 11 GW Nuclear Project

Partnership NuclearGasSolarStorage announced Amarillo, Texas, United States Feb 12, 2026
11 GW
Capacity
development
Stage
Project Matador
Project

Fermi America is deepening its partnership with Hyundai Engineering & Construction (Hyundai E&C) to advance the 11 GW Project Matador, a private energy campus near Amarillo, Texas. The project aims to restart large-scale nuclear construction in the U.S. and provide baseload power for AI, data centers, and industrial demand. The partnership leverages Hyundai E&C's experience in nuclear reactor construction and focuses on aligning U.S. contractors, strengthening the nuclear supply chain, and building workforce readiness. Project Matador intends to integrate a large nuclear complex with natural gas, solar, and battery storage into a private grid.

Get daily nuclear deal alerts — free, no spam.

Sign up free to access full counterpart details, deal analysis, and timeline.

Sign up free →

Deal Analysis

Fermi America and Hyundai E&C's partnership to develop the 11 GW Project Matador represents a significant push to revitalize large-scale nuclear construction in the United States. The project aims to establish a private energy campus near Amarillo, Texas, integrating nuclear power with natural gas, solar, and battery storage to meet the growing baseload power demands of AI, data centers, and industrial consumers. By leveraging Hyundai E&C's nuclear reactor construction expertise, the partnership seeks to strengthen the U.S. nuclear supply chain, align domestic contractors, and enhance workforce readiness, addressing critical challenges in the nuclear energy sector. Project Matador's ambition to create a private grid powered by a diverse energy mix is particularly noteworthy. The project's success hinges on navigating regulatory hurdles, securing financing, and effectively managing the complexities of integrating multiple energy sources. The involvement of Westinghouse as a supplier further underscores the project's potential to reshape the energy landscape and contribute to a more reliable and sustainable power supply for energy-intensive industries.
  • 11 GW Project Matador is one of the largest announced nuclear projects in the U.S.
  • Partnership between Fermi America and Hyundai E&C combines U.S. development expertise with international construction capabilities.
  • Project aims to create a private energy campus integrating nuclear, gas, solar, and storage.
  • Focus on serving the growing power demands of AI, data centers, and industrial consumers.

Timeline

Announced
Feb 12, 2026
Signed
Closed

Get the full picture — timeline, source intelligence, and counterpart analysis.

Sign up free →
Track Nuclear deals