CBRE

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Fermi(FRMI.US) Fermi Selects CBRE to Operate First Project Matador Data Center in Texas

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗙𝗲𝗿𝗺𝗶 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 signs data center management agreement with 𝗖𝗕𝗥𝗘.

➤ CBRE becomes exclusive operations and maintenance provider for 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗢𝗻𝗲.

➤ Initial agreement runs 𝟱 𝘆𝗲𝗮𝗿𝘀, with additional five-year renewal options.

➤ Building One forms part of Fermi's 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗠𝗮𝘁𝗮𝗱𝗼𝗿 in Texas.

➤ CBRE personnel can arrive up to 𝟭𝟮𝟬 𝗱𝗮𝘆𝘀 before operations.

➤ CBRE will oversee maintenance, cooling, fire protection, and building systems.

➤ Future Project Matador buildings can join the 𝘀𝗮𝗺𝗲 𝗖𝗕𝗥𝗘 framework.

➤ First 𝗦𝗶𝗲𝗺𝗲𝗻𝘀 𝗘𝗻𝗲𝗿𝗴𝘆 turbines have already arrived on site.

➤ Fermi previously secured 𝗧𝗲𝗻𝘀𝗼𝗿𝗪𝗮𝘃𝗲 as its first customer.

➤ Hillcore alliance targets approximately 𝟮.𝟲 𝗴𝗶𝗴𝗮𝘄𝗮𝘁𝘁𝘀 of additional power.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ CBRE adds established operational expertise before Fermi's first facility launches.

➤ Early mobilization could support 𝘂𝗽𝘁𝗶𝗺𝗲 and operational readiness from launch.

➤ Agreement provides a scalable operating framework as 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗠𝗮𝘁𝗮𝗱𝗼𝗿 expands.

➤ Adds another execution milestone following customer, power, turbine, and EPC agreements.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗟𝗲𝗲 𝗠𝗰𝗜𝗻𝘁𝗶𝗿𝗲, Fermi Chief Executive Officer:

"We're locking in proven partners early to make our operations and construction activities as safe and efficient as possible. CBRE runs some of the most demanding data center environments in the world. Bringing them in now means that when building one is ready for service, the people, the programs, and the procedures to run it are already in place."

𝗦𝗰𝗼𝘁𝘁 𝗛𝗼𝘄𝗮𝗿𝗱, President for the Americas for CBRE's Data Center Solutions business:

"Project Matador is one of the most significant data center campuses being built in the country. Mobilizing large-scale data center campuses is core to what our DCS business does, and getting our team on the ground early means building one will be ready to perform from day one."