Fermi Inc. (NASDAQ:FRMI) paused Toby Neugebauer’s proxy push after a judge recusal left too little time for a dual-track director appointment, while the company moves ahead operationally—hiring Primoris to EPC balance-of-plant for six SGT-800 turbines to fast-track Phase One.
Previous Week Recap
- Judge Recuses, Dual-Track Delay: Toby Neugebauer paused his proxy push for Fermi Inc. (FRMI) after a Texas judge recused, leaving insufficient time for a dual-track director appointment. New judge to review 70% bylaw and discovery.
- Primoris EPC For Matador: Fermi Inc. (FRMI) hired Primoris to EPC the balance of plant for six SGT-800 turbines in Phase One at Project Matador, using existing site work to speed simple-cycle build toward operation.
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