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Court seeks documents tied to Fermi’s Project Matador data center plan
Fermi said the requests and a parallel SEC “voluntary production” request are broad, and neither contains allegations of wrongdoing, while the company plans a 17-gigawatt campus in Texas.
A U.S. district court is requesting records from Fermi related to its Project Matador data center campus in Carson County, Texas, according to the company’s latest quarterly filing reviewed by Bisnow.
Fermi said the U.S. District Court for the Eastern District of New York requested documents tied to the 17-gigawatt campus development, and also sought materials related to certain former members of management. The filing adds that the SEC issued a parallel “voluntary production” request for documents on similar issues.
Fermi said it is cooperating with both agencies, while also stating that each request is broad in scope and neither contains allegations of wrongdoing. The company did not specify which topics the agencies are focusing on in the requests.
The dispute comes amid prior controversies around Fermi, including its earlier IPO and setbacks at the project. Fermi’s planned campus would support large-scale data centers using nuclear, gas and solar power, and the company previously disclosed a 15-year lease with AI cloud provider TensorWave valued at $6.5 billion.