Rick Perry’s Energy REIT Fermi Boosts IPO Target to $715 Million

BloombergMonday, September 29, 2025 at 1:25:13 PM
Rick Perry’s Energy REIT Fermi Boosts IPO Target to $715 Million
Fermi Inc., backed by Rick Perry, has raised its initial public offering target to $715 million, significantly up from the previous $550 million. This increase reflects strong investor interest and confidence in the company's potential, making it a noteworthy development in the energy sector. The successful IPO could provide Fermi with the necessary capital to expand its operations and innovate further, which is crucial in today's competitive market.
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