#United States #Amarillo #Fermi America #Carson County

A New Chapter in Economic Growth for Amarillo and Carson County

In a groundbreaking development, Fermi America™ has partnered with the City of Amarillo and Carson County to create a robust environment for long-term economic prosperity. This partnership represents a collaborative spirit between public officials and private enterprises, aiming to shape the future landscape of energy and artificial intelligence (AI) in the region.

The Water Supply Agreement

On October 29, 2025, the Amarillo City Council ratified a significant agreement to supply Fermi America's upcoming private energy grid campus with up to 2.5 million gallons per day. This water supply is pivotal, particularly as Fermi America gears up for its planned 11-gigawatt energy campus, which is engineered to meet the growing energy demands of AI technologies. Notably, the agreement stipulates that Fermi will pay twice the rate charged to local taxpayers and other industries that consume more water.

The deal emphasizes responsible water stewardship. Fermi America has pledged to fund the essential infrastructure improvements necessary for sustainable water management, ensuring that the needs of the Panhandle community are met alongside the energy demands of its campus. Furthermore, there is potential for this arrangement to expand to a capacity of 10 million gallons per day as the project develops, highlighting the foresight and flexibility of this agreement.

Economic Incentives for Local Growth

In addition to the water agreement, the Carson County leadership has approved a 10-year tax abatement and the creation of a reinvestment zone specifically for Fermi America's energy campus. This initiative is designed to not only generate new tax revenues but also to secure local investments that will spur economic growth and the creation of long-term, sustainable jobs within the region.

Toby Neugebauer, Co-Founder and CEO of Fermi America, emphasized that these partnerships reflect the gritty West Texas business ethos. He underscored the importance of addressing community concerns regarding water and land use while positioning the venture for mutual benefits—local leaders conducted thorough evaluations to prioritize the communities involved.

A Vision for the Future

Fermi America's ambitious project is expected to diversify the local economy significantly. Co-founder and former Texas Governor Rick Perry emphasized that this collaboration is more than just about energy; it's about showcasing American strength and Texas determination. The partnership aims to pave the way for a robust future, demonstrating how local governance and large-scale private initiatives can align to build a stronger, more prosperous community.

Additionally, in conjunction with the Texas Tech University System, which is renowned for advancing various educational disciplines, Fermi America aims to harness advanced technologies and create high-paying jobs. The new campus is set to host one of the largest nuclear power complexes in the U.S., alongside a state-of-the-art combined-cycle natural gas project, solar energy capabilities, and battery storage solutions.

Conclusion

In summary, the partnership between Fermi America, the City of Amarillo, and Carson County marks a substantial commitment to technological progress and community development. As these initiatives unfold, the potential for economic revitalization within the region aligns seamlessly with the broader national narrative on energy independence and technological advancement. The proactive steps being taken today will undoubtedly set a foundation for a thriving tomorrow, demonstrating how local partnerships can lead to monumental changes in energy and economics.

For more information about Fermi America and its initiatives, visit Fermi America.