Data Center Builder Fermi Files for US IPO as New Listings Accelerate

Fermi IPO Rides AI Power Boom as Data Centers Lock In Renewables, Nuclear

Fermi has filed for a U.S. IPO as demand for artificial intelligence drives a boom in energy-hungry data centers, forcing developers to strike long-term deals for renewable power and nuclear baseload. According to Reuters, the builder, backed by venture capital firms, plans to list on Nasdaq under the symbol “FERM” as part of a wave of new offerings in 2025. The International Energy Agency (IEA) estimates that worldwide data centers could consum…

Data center builder Fermi files for US IPO as new listings accelerate

Fermi, a Texas company co-founded by former U.S. Energy Secretary Rick Perry, on Monday filed for an initial public offering in the United States, as companies rush to tap investor enthusiasm for new issues.The terms of the offering were not disclosed.Wall Street's IPO season is off to a strong st

Fermi America™ Files Registration Statement for Proposed Initial Public Offering (IPO)

/PRNewswire/ -- Fermi America, which is developing what is expected to be the world's largest private grid campus designed to power the growing demands of...