Global Infrastructure SherpaFermi America secures Clean Air Permit from TCEQ for 6GW natural gas power generation
Fermi America secured final approval of the nation's second largest Clean Air Permit for 6 gigawatts (GW) of clean natural gas-based power generation at its landmark 11 GW Project Matador campus from the Texas Commission on Environmental Quality (TCEQ). The TCEQ approval confirms compliance with state and federal emissions standards and is a significant regulatory milestone, granting the Clean Air Permit required to begin the vertical phase of power generation construction.
Deal Analysis
- Securing the Clean Air Permit is a crucial regulatory milestone, enabling the start of construction.
- The 6 GW capacity represents a substantial addition to the power grid.
- The project is part of a larger 11 GW campus, indicating significant future expansion potential.
- The TCEQ approval validates the project's adherence to environmental regulations.
Source Intelligence
Fermi America has secured over 2 GW of long lead time natural gas generation assets. Quote: "With the issuance of today's air permit, the support of our fellow West Texans, and Toby's foresight to lock up over 2 GW of long lead time power assets , Fermi is uniquely positioned to help America's hyperscalers quickly secure the private power they need at scale."
"Fermi America™ Secures Final 6GW Clean Air Permit from the Texas Commission on Environmental Quality (TCEQ)"
"Fermi America™ Secures Final 6GW Clean Air Permit from the Texas Commission on Environmental Quality (TCEQ)"
"operating as Fermi America™ in partnership with the Texas Tech University System (TTU System)"
"Fermi America is positioned to mobilize its previously announced Siemens Energy SGT-800 gas turbine fleet"