Fermi America announced on Friday that an Electric Service Agreement with Southwestern Public Service Company, a subsidiary of Xcel Energy, has been reached to provide up to 200 megawatts of electrical capacity.
According to officials with Fermi America, Xcel Energy’s SPS subsidiary will begin delivering 86 megawatts of electrical capacity in 2026 and eventually ramp up to 200 megawatts.
“This agreement is yet one more example of Fermi transforming intent into execution, with the strong commercial and technical support of our friends at Xcel Energy,” said Larry Kellerman, Chief Power Officer of Fermi America. “Securing reliable and cost-effective power from Xcel Energy today and working together with them to grow our relationship over time is a key component of Fermi’s plans.”
Officials noted that the ESA provides up to 200 megawatts of power to the Project Matador Campus in Amarillo. The electricity will be delivered through the SPS’s high-voltage 115-kilovolt transmission system to “ensure reliable electrical service.”
“Xcel Energy is focused on meeting the growing energy needs of the Texas Panhandle and is pleased to work with Fermi America on this project,” said Adrian Rodriguez, president, Xcel Energy Texas –New Mexico.