Fermi America files for IPO amid plans for 11GW data center campus in Texas

The company behind a gargantuan 11GW planned energy and data center campus in Amarillo, Texas, has filed for an initial public offering (IPO).

Fermi America, a company co-founded by former US Energy Secretary Rick Perry, filed a Registration Statement on Form S-11 with the U.S. Securities and Exchange Commission related to the proposed IPO on Monday (8 September). Fermi intends to list its common stock on the Nasdaq Global Select Market under the symbol "FRMI."

The number of shares to be offered and the price range for the offering have yet to be determined.

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