Agreement accelerates engineering and permitting activities for Project Matador's second phase buildout

DALLAS, June 25, 2026 /PRNewswire/ -- Fermi Inc. (NASDAQ:FRMI) (LSE: FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today announced that it has signed a service agreement with TSK Electronica y Electricidad USA, Corp. ("TSK") for its three Siemens SGT6-5000F gas turbines that will anchor Project Matador's second phase buildout.

As Spain's largest power-focused Engineering, Procurement and Construction (EPC) firm, TSK specializes in the turnkey delivery of complex industrial and power generation facilities, with a proven track record spanning more than 50 countries and deep expertise in electrical infrastructure, conventional and renewable power, and large-scale project management.

Under the agreement, TSK will deliver the critical early works and fast start engineering services to accelerate project execution, including the engineering and management services required to advance permitting, mobilize site activities, and manage the Siemens contract-related engineering scope and deliverables. By partnering with TSK, Fermi is compressing timelines, de-risking execution, and establishing a clear path to power generation.