FRMI ▼ -0.2% - Fermi Inc.
$FRMI Fermi: Extends $6.5B TensorWave Data Center Lease Closing to Oct. 31 ? • Closing date extended from Sept. 30 to Oct. 31; all other lease terms remain unchanged. • Lease covers 222 MW at Project Matador and ~$6.5B in expected revenue over 15 years. • Remaining conditions include finalizing the guaranty, related agreements and project-level financing. Eingefügter Text
Fermi Inc. shares declined 0.2% after the company announced it extended the closing date for its $6.5 billion TensorWave data center lease to October 31 from September 30, citing the need to finalize the guaranty, related agreements, and project-level financing. The 222 MW lease at Project Matador remains otherwise unchanged and is expected to generate approximately $6.5 billion in revenue over 15 years.
22-SEP-2026 04:06 PM ET
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