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Fermi America is strengthening its strategic partnership with Hyundai Engineering & Construction (Hyundai E&C) as part of a broader push to revive large-scale nuclear construction in the United States.
The companies are advancing Front-End Engineering Design (FEED) work for four AP1000 nuclear units planned at Project Matador — an 11-gigawatt private energy campus under development outside Amarillo, Texas. The initiative is aimed at rebuilding domestic nuclear construction capability while addressing surging U.S. electricity demand.
Fermi America recently joined Hyundai E&C’s Large-Scale Nuclear Technology Seminar in Dallas, which brought together contractors and nuclear sector leaders to discuss execution strategies, supply chain readiness, and workforce development needed for next-generation nuclear projects.
The event included technical sessions on nuclear construction standards, modular construction techniques, heavy mechanical installation, plant systems, and specialized workforce training. Organizers emphasized rebuilding the industrial capacity necessary to deliver complex nuclear builds at scale.
With major nuclear construction in the U.S. largely stalled for decades, Fermi America sees Project Matador as a pivotal opportunity to reestablish American nuclear build expertise.
"It's a very short line of companies eager to do nuclear here in America," said Toby Neugebauer, CEO and Co-Founder of Fermi America. "The list is even shorter when you consider the projects with a COL accepted for review, active NRC engagement, and a highly characterized site that are ready to break ground this year.
As in only one.
Fermi is proud to partner with Hyundai, the only global company to have successfully built 24 nuclear reactors, ten of them simultaneously, on time and on budget. Their expertise, talent, and financial commitment, together with Westinghouse AP1000s means that with DOE and DOC support, the American nuclear renaissance can restart July 4th."
Fermi America and Hyundai E&C are continuing FEED efforts, including site configuration planning, cooling system assessments, and cost and schedule modeling. These activities are designed to enhance overall project readiness and potentially transition into a full engineering, procurement, and construction (EPC) phase.
Mesut Uzman, Chief Nuclear Construction Officer of Fermi America and CEO of Fermi Nuclear LLC, underscored the urgency tied to rising electricity demand.
"AI-driven load growth is accelerating faster than most people realize," said Uzman. "The next decade will be defined by those who can build power infrastructure fast enough to support AI and industrial growth. Hyundai brings the industrial scale and execution discipline needed to deliver significant energy projects like Fermi America's Project Matador. We see this partnership with Hyundai E&C as a critical step toward rebuilding U.S. energy capacity."
Project Matador is envisioned as one of the most ambitious private energy developments in the country. The 11GW campus is being designed to integrate large-scale nuclear generation, combined-cycle natural gas facilities, solar energy, battery storage, and utility grid connections.
The goal is to provide highly redundant, gigawatt-scale baseload power to support artificial intelligence infrastructure, hyperscale data centers, advanced manufacturing, and other electricity-intensive industries.
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As AI-driven computing expands, energy planners warn that demand growth could outpace grid upgrades unless major infrastructure projects move forward quickly. Fermi America’s strategy centers on building behind-the-meter private grid systems capable of delivering consistent, large-scale power independent of traditional grid bottlenecks.
The partnership with Hyundai E&C also aims to strengthen the U.S. nuclear supply chain, mobilize contractors, and rebuild a skilled labor force capable of executing complex reactor construction.
If successful, Project Matador could serve as a template for future large-scale nuclear deployments — marking a potential turning point in America’s energy and industrial capacity expansion.
Originally reported by Fermi America in PR News Wire.
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