Fermi America and Texas Tech University System partner with Hyundai E&C to build nuclear component for world’s largest private power grid for AI. Project integrates natural gas, solar power, and battery storage to deliver up to 11GW. Joint planning includes feasibility studies and engineering designs, with construction starting in 2026.

Fermi America submits operating licence application in June 2025 for AP1000 nuclear units in the US, accepted for review. With Hyundai E&C, construction on the complex will begin in 2026, and the first reactor is expected to be operational by 2032. Hyundai E&C CEO Lee praises Fermi America’s experienced leadership team.

Emirates Nuclear Energy Company partners with Hyundai E&C to explore international opportunities in the nuclear energy sector, signing a memorandum of understanding. The collaboration aims to advance nuclear energy projects globally. Fermi America co-founder Neugebauer expresses excitement about partnering with Hyundai for the future of AI.

Hyundai E&C CEO Lee impressed by Fermi America’s leadership team and looks forward to bringing the ambitious nuclear-powered grid project to life. The collaboration aims to deliver safe, clean nuclear power within the private grid project. Hyundai E&C and Fermi America sign MoU in Seoul, South Korea, to jointly design and execute the project.

Read more at Yahoo Finance: Fermi America and Hyundai sign MoU for nuclear-powered grid project