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Amarillo Ledger

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Carson County commissioners approve a phased tax abatement for Fermi, 5-0

After about an hour of public comment and an executive session, the Carson County Commissioners Court voted 5-0 to approve a tax abatement agreement with Fermi America. As reported, the agreement divides the project into 15 phases, each eligible for a 10-year abatement once operational, with payments in lieu of taxes of $2,500 to $2,750 per megawatt of generation and $3 per square foot of data-center space. Fermi's release and SEC filings describe a 10-year abatement and a reinvestment zone.[1][2][3][4]

Dan LootenFermi America (Fermi, Inc.)

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