Fermi America executes agreement to purchase energy from Southwestern Public Service Company

AMARILLO, Texas (KFDA) – Fermi America has signed and executed an agreement to purchase energy from Southwestern Public Service Company (SPS).

SPS is a subsidiary of Xcel Energy, and will help provide 200 megawatts (MW) of electrical capacity to Fermi’s 11 GW Project Matador Campus.

According to a news release, under terms of the agreement and applicable tariffs, Xcel Energy’s SPS subsidiary will begin delivering 86 MW of electrical capacity in January 2026, eventually ramping up to 200 MW…

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