Deals Counterparts

Fermi Nuclear LLC Invests in Advanced Nuclear Fuel Technology with Orano

Investment Nuclear announced Amarillo, United States Mar 1, 2025
11 GW
Capacity
construction
Stage
Project Matador
Project

Fermi Nuclear LLC made an investment in Orano's advanced nuclear fuel technology development program, aiming to improve fuel efficiency and safety at nuclear power plants.

Source Intelligence

KEY DETAILS

Texas Advanced Nuclear Energy Office (TANEO) was funded with $350 million. Quote: "The creation of the Texas Advanced Nuclear Energy Office (TANEO) and the Legislature's decision to fund the program with $350 million demonstrate an unmatched commitment to innovation and private-sector collaboration on ground-breaking projects like Matador."

Capacity
HyperGrid™ campus aiming to combine natural gas, solar, nuclear and battery power for a total of 11 GW, Fermi's Project Matador campus sits adjacent to Pantex, the facility which has stewarded America's nuclear arms since 1951.
Location
AMARILLO, Texas , Oct. 27, 2025 /PRNewswire/ -- Answering President Trump's call for America to dominate global energy and intelligence, Fermi America inks two historic nuclear deals ahead of the President's Seoul, South Korea visit. Fermi's Project Matador campus sits adjacent to Pantex, the facility which has stewarded America's nuclear arms since 1951.
Announcement
AMARILLO, Texas , Oct. 27, 2025 /PRNewswire/ -- Answering President Trump's call for America to dominate global energy and intelligence, Fermi America inks two historic nuclear deals ahead of the President's Seoul, South Korea visit.
PARTIES MENTIONED IN SOURCE
F
Fermi America developer

"As the pacesetter in kickstarting America's nuclear renaissance, Fermi announced an agreement with Doosan Enerbility to initiate forging production of critical long-lead-time nuclear equipment (reactor pressure vessels and steam generators) amid a convoluted supply chain."

D
Doosan Enerbility seller

"Fermi announced an agreement with Doosan Enerbility to initiate forging production of critical long-lead-time nuclear equipment (reactor pressure vessels and steam generators) amid a convoluted supply chain."

H
Hyundai Engineering & Construction (E&C) developer

"Fermi announced the signing of a Front-End Engineering Design (FEED) contract with Hyundai Engineering & Construction (E&C) to begin engineering work on four AP1000 nuclear reactors for Project Matador, a first-of-its-kind, behind the meter private grid campus under construction in the Texas Panhandle."

high quality Enriched Feb 19, 2026

Timeline

Announced
Mar 1, 2025
Signed
Closed

Market Context

This deal is part of the Nuclear sector in United States.
64
Nuclear deals
565
deals in United States
1 of 63 Nuclear deals tracked this month · Updated daily

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