Potus News Former Energy Secretary Rick Perry Deplores Biden S Use Of Strategic Petroleum Reserve

Former Energy Secretary Rick Perry's Fermi Upsizes US IPO, Aims to Raise $715 Million

(Reuters) -Fermi is aiming to raise $715 million in its upsized U.S. initial public offering, the data center real estate investment trust said on Monday, as it aims to leverage burgeoning demand for ... Read More

Former energy secretary Rick Perry's data center REIT intends to upsize IPO to ~$715M from ~$550M

Fermi (FRMI) on Monday filed an amended registration statement for an upsized initial public offering, now intending to offer 32.5M shares of common stock compared to the prior 25M. The proceeds are ... Read More

Former energy secretary Rick Perry's data center REIT launches IPO roadshow

Data center REIT Fermi (FRMI) announced on Wednesday the launch of a roadshow for its proposed IPO of 25M shares, expected to be priced between $18 and $22 per share. The data center REIT was ... Read More

Rick Perry-backed power and data center firm makes a splash in public trading

Fermi America’s IPO rode a wave of AI enthusiasm, despite questions about the viability of the planned “HyperGrid” megasite in Texas. Shares of a data center and power company backed by former Energy ... Read More

Rick Perry’s AI Energy IPO: Bubble Burst or Cautionary Tale?

The intersection of artificial intelligence (AI) and energy is one of today’s most exciting and rapidly evolving sectors. Spearheaded by ... Read More

Rick Perry Is Building an AI and Nuclear Colossus Named After Trump

Fermi America, a company cofounded by former Energy Secretary Rick Perry, wants to build the world's largest energy complex. Read More

Rick Perry-backed Fermi REIT files for $550M IPO

Former Texas Gov. Rick Perry’s real estate venture is seeking to raise up to $550 million in an initial public offering. Fermi Inc., the real estate investment trust co-founded by Perry, the former ... Read More