Fermi, TensorWave extend Project Matador data center lease closing to Oct. 31, 2026
Bitget2026/09/22 20:01- Fermi extended the closing date on its data center lease with TensorWave to Oct. 31, 2026 from Sept. 30.
- Lease covers 222 MW at Project Matador, targeting about $6.5 billion of expected revenue over the initial 15-year term.
- Extension gives more time to finalize an investment-grade guaranty tied to lease obligations, a key remaining closing condition.
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