▲ Hyundai E&C collaborates with U.S. energy developer to build world's largest advanced energy campus

▲ To build an integrated energy campus in Texas, USA, inclusive of large nuclear power plants, small modular reactors (SMR), gas-fired combined cycle power plants, solar power, and battery energy storage systems (BESS)

Hyundai E&C is joining hands with a private U.S. energy developer to build the world's largest advanced energy infrastructure. The company plans to accelerate its entry into the global energy market by establishing a new cooperation model as it expands its North American energy business.

Hyundai E&C announced on July 31st that it has signed a ‘Memorandum of Understanding for the Joint Development of an Advanced Energy and Intelligence Campus’ with Fermi America at the Hyundai E&C headquarters in Jongno-gu, Seoul. The signing ceremony was held with key officials from both companies in attendance, including Hyundai E&C CEO Lee Han-woo and Fermi America Co-founder Toby Neugebauer.

Fermi America is a U.S. energy developer leading the construction of gigawatt (GW)-scale power grids essential for next-generation artificial intelligence (AI) realization. The company was co-founded by former U.S. Secretary of Energy Rick Perry and based on a globally proven group of specialists and cutting-edge technology, is accelerating the construction of the world's largest integrated energy and AI campus¹⁾.

With this agreement as a foundation, the two companies will collaborate in various areas of the project, including the nuclear power generation sector, covering △joint planning of nuclear-based hybrid energy projects, △development of detailed work packages for each project phase, △front-end engineering design (FEED), and △pursuit of an engineering, procurement, and construction (EPC) contract within the year. In addition, they plan to solidify their practical cooperative framework through △the operation of regular working-level consultative bodies and △a joint response to strategic initiatives.

This project, being undertaken by Fermi America, is a venture to construct the world's largest private power grid (HyperGrid™) campus on a site of approximately 23.35 million m² outside Amarillo, Texas. It plans for the phased implementation of an 11GW independent power supply infrastructure combining △four AP1000 large-scale nuclear power plants (4GW), △SMRs (2GW), △gas-fired combined cycle power plants (4GW), and △solar power and a battery energy storage system (BESS) (1GW), along with a massive hyperscale AI data center linked to this power. As an energy campus offering greater stability than the existing power grid, it is regarded as a specialized system poised to support next-generation AI technology where ultra-high-performance computing is rapidly gaining prominence.

A Hyundai E&C official stated, “This agreement is significant in that it allows us to participate from the early stages of this project and contribute to the creation of the world's largest integrated energy and artificial intelligence campus, which leverages a diverse range of energy infrastructure.” The official added, “Using this as an important starting point, we will proactively secure various new energy business opportunities not only in the U.S. but also in the global market, and continuously strengthen our competitiveness.”

Fermi America Co-founder Toby Neugebauer commented, “We consider the partnership with Hyundai E&C, which has already proven its nuclear power plant construction capabilities in the global market, to be of critical importance.” He also said, “We will cooperate closely to rapidly establish the energy supply foundation in preparation for the expansion of the AI era.”

1) PRESIDENT DONALD J. TRUMP ADVANCED ENERGY AND INTELLIGENCE CAMPUS