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Rick Perry's Data Center REIT Launches Plans For $550M IPO

By Nate Beck ( September 24, 2025, 5:02 PM EDT) -- Fermi America, a venture by former U.S. Energy Secretary Rick Perry to build a 5,000-acre Amarillo, Texas, energy and data center, sought a $13.1 billion valuation Wednesday in an initial public offering guided by Haynes Boone and Vinson & Elkins LLP....

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