Fermi America Secures $500 Million MUFG Loan for Siemens Turbine Acquisition

Reuters
02/11
Fermi America Secures $500 Million MUFG Loan for Siemens Turbine Acquisition

Fermi Inc. (operating as Fermi America) has secured a $500 million non-recourse "warehouse" loan facility from MUFG Bank, Ltd. to support its large-scale power generation plans. The financing will fund the acquisition of three Siemens Energy F-class gas turbines, with deliveries beginning as early as the first half of 2026. Proceeds will also be used to repay a pre-existing loan and to advance the construction and deployment of additional turbines in Fermi’s fleet. This transaction strengthens Fermi America's ability to deliver on its first 2.3 gigawatts of planned power capacity and positions the company for future project-level financing as it scales toward its 11-gigawatt private energy campus.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fermi Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DA85249) on February 10, 2026, and is solely responsible for the information contained therein.

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