Lee McIntire, an independent member of Fermi's board, has been hired as CEO, more than three months since the company fired co-founder Toby Neugebauer from the top post.

NEWPORT — DTE Energy's 40-year-old Fermi 2 nuclear power plant in Newport was granted its first license renewal. A 20-year license renewal was approved in 2016 by the U.S. Nuclear Regulatory ...

Management described Q2 as the conversion of Fermi 2.0’s Q1 “90-day plan” into signed commercialization and expanded capacity options, anchored by a TensorWave contract “up to 650 megawatts,” an IG ...

Fermi posts a net loss of 4 cents a share in the second quarter, wider than a year ago. The stock has risen this week following a big announcement Monday.

The 1,170-MW Fermi 2 nuclear power plant in southeastern Michigan is back online after a nearly month-long shutdown for repairs. DTE Energy’s mainstay nuclear plant was synchronized to the grid ...

・Former CEO Toby Neugebauer, also the company's largest shareholder, proposed selling Fermi as a strategic pivot to boost its value. ・Fermi said it had received significant positive feedback from ...

DTE Energy announced the operations license for its Fermi 2 Nuclear Power Plant has been extended through 2045. The Nuclear Regulatory Commission received the application for license renewal in April ...

NEWPORT — DTE Energy's Fermi 2 nuclear power plant received a favorable 2024 safety assessment from the U.S. Nuclear Regulatory Commission. Learn what that means and what the NRC's two resident ...

While this plan is a marked improvement over the company’s recent turmoil, Fermi’s pre-revenue nature means shareholder dilution is almost certain, so investors should tread carefully. Fermi is a ...

The Fermi 2 nuclear power plant remains off line after DTE Energy stopped its operation on Thursday. The plant in Monroe County was shut down for repairs to its condenser, DTE Energy officials said, ...