Fermi America announced a signed, definitive Electric Service Agreement (ESA) with Southwestern Public Service Company (SPS), a subsidiary of Xcel Energy, to provide up to 200 megawatts (MW) of electrical capacity to Fermi's 11 GW Project Matador Campus. Under the terms of the ESA, and applicable tariffs, Xcel Energy's SPS subsidiary will begin delivering 86 MW of electrical capacity in January 2026, eventually ramping up to 200 MW. The ESA provides up to 200 megawatts of power to Fermi's Project Matador Campus in Amarillo, an important part of power portfolio to support large-scale artificial intelligence and computing operations.
The electricity will be delivered through SPS's high-voltage 115-kilovolt transmission system, ensuring reliable electrical service.
