Ousted Fermi Co-Founder Sues Company, Board Members
📍 North Texas (Dallas area) South
3/10
Action Required
Project Matador is at massive scale (17GW, 7,500 acres) but facing serious financial and governance headwinds. Monitor for stabilization — if Fermi resolves disputes and secures new tenants, individual buildings within the campus could be strong fits. Do not invest BD resources now.
ConXtech System
❓ Unclear
Project Type
data center
Project Stage
Planning
Stories
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Estimated Size
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Total Project Value
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Estimated Steel Scope
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Timeline Fit
Project faced major setback — tenant pulled out of construction funding ($150M loss). Timeline uncertain due to corporate governance disputes and financial challenges.
Fit Assessment
monitor
General Contractor
No GC Selected
Owner
Fermi
Key Contacts
Source: View Original Source →
Lead Status
Team Notes