Rick Perry’s Energy REIT Fermi Raises $682.5 Million in IPO

BloombergTuesday, September 30, 2025 at 10:21:20 PM
Rick Perry’s Energy REIT Fermi Raises $682.5 Million in IPO
Fermi Inc., co-founded by former US Secretary of Energy Rick Perry, has successfully raised $682.5 million in its initial public offering, pricing shares at the higher end of expectations. This significant capital influx not only highlights investor confidence in the energy sector but also marks a notable achievement for Perry, showcasing the potential of real estate investment trusts in driving innovation and growth in energy.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Rick Perry-backed Fermi REIT raises $682 million in U.S. IPO amid AI data-center boom
PositiveFinancial Markets
Fermi REIT, backed by Rick Perry, has successfully raised $682 million in its U.S. IPO, capitalizing on the booming demand for AI data centers. This significant funding not only highlights the growing interest in AI infrastructure but also positions Fermi REIT as a key player in the market. The influx of capital will enable the company to expand its operations and invest in cutting-edge technology, which is crucial as businesses increasingly rely on AI solutions.
TV advertising company Alphonso files for IPO
PositiveFinancial Markets
Alphonso, a prominent player in the TV advertising sector, has officially filed for an initial public offering (IPO). This move is significant as it reflects the company's growth and the increasing demand for data-driven advertising solutions. An IPO could provide Alphonso with the capital needed to expand its operations and innovate further in the competitive advertising landscape.
Flood Insurer Neptune’s Backers Raise $368 Million in US IPO
PositiveFinancial Markets
Neptune Insurance Holdings Inc., a flood insurance company, has successfully raised $368.4 million in its initial public offering in the US. This significant amount reflects the growing interest and confidence in the insurance sector, especially as more firms are making their market debut this year. This IPO not only strengthens Neptune's financial position but also highlights the increasing demand for specialized insurance products in a changing climate.
Rice acquisition corporation 3 prices $300 million IPO
PositiveFinancial Markets
Rice Acquisition Corporation 3 has successfully priced its initial public offering at $300 million, marking a significant milestone in the financial market. This IPO is important as it reflects investor confidence and opens new avenues for capital, potentially leading to growth and innovation in the sector.
AI Chip Maker Cerebras Systems Raises $1.1 Billion
PositiveFinancial Markets
Cerebras Systems has successfully raised $1.1 billion in its latest funding round, a significant boost that CEO Andrew Feldman believes will propel the company's ambitions for an IPO. This funding not only highlights the growing interest in AI technology but also positions Cerebras as a key player in the semiconductor industry, potentially leading to advancements in AI chip development. The implications of this funding are vast, as it could accelerate innovation and competition in the tech sector.
US IPOs Face SEC Approval Deadline Ahead of Government Shutdown
NegativeFinancial Markets
The impending shutdown of the US government poses a significant challenge for companies looking to launch initial public offerings (IPOs). With the Securities and Exchange Commission (SEC) likely to suspend most of its operations, firms are racing against the clock to secure necessary approvals. This situation is critical as it could derail the recent resurgence in IPO activity, impacting both businesses and investors alike.
BTC Development Corp prices $220 million IPO at $10 per unit
PositiveFinancial Markets
BTC Development Corp has successfully priced its initial public offering at $220 million, with each unit set at $10. This move is significant as it marks a major milestone for the company, potentially increasing its visibility and access to capital in the market. Investors are likely to watch this IPO closely, as it could set a precedent for future offerings in the sector.
Qualco reports solid 1H with 18% revenue growth post-IPO
PositiveFinancial Markets
Qualco has reported a strong first half of the year, showcasing an impressive 18% revenue growth following its initial public offering (IPO). This growth is significant as it reflects the company's successful transition into the public market and its ability to attract investors. Such performance not only boosts investor confidence but also positions Qualco for further expansion and innovation in its sector.
Bain Capital GSS Investment Corp. prices $400 million IPO at $10 per unit
PositiveFinancial Markets
Bain Capital GSS Investment Corp. has successfully priced its initial public offering at $400 million, with each unit set at $10. This move is significant as it reflects investor confidence in the company and the broader market, potentially paving the way for future investments and growth opportunities. The IPO is expected to attract attention from various sectors, highlighting the company's strategic positioning and financial health.
Fintech platform Wealthfront discloses higher 2025 revenue in US IPO filing
PositiveFinancial Markets
Wealthfront, a prominent fintech platform, has revealed an optimistic outlook for its 2025 revenue in its recent IPO filing in the US. This disclosure is significant as it highlights the company's growth potential and positions it favorably in the competitive fintech landscape, attracting investor interest and confidence.
Jennifer Garner’s Baby Food Firm Files for US IPO as Sales Grow
PositiveFinancial Markets
Jennifer Garner's organic baby food company, Once Upon a Farm, has filed for an IPO in the US, reflecting its growing sales and the increasing demand for healthy baby food options. This move not only highlights the company's success but also signals a trend in the market where more firms are seeking public listings, which could lead to greater investment in the organic food sector.
Flood-Focused Neptune’s IPO Joins Boom in Niche Insurer Debuts
PositiveFinancial Markets
Neptune Insurance Holdings Inc. is set to make waves with its upcoming IPO, riding the wave of enthusiasm that has surrounded other niche insurers this year. With a strong track record in flood insurance, Neptune aims to attract investors who are eager for growth opportunities in this specialized market. This move not only highlights the increasing demand for flood insurance but also reflects a broader trend of successful debuts in the insurance sector, making it a significant event for both the company and potential investors.
Latest from Financial Markets
HSBC upgrades Page Industries stock rating to Hold on valuation correction
PositiveFinancial Markets
HSBC has upgraded its rating for Page Industries' stock to 'Hold', indicating a positive outlook based on recent valuation corrections. This move is significant as it reflects confidence in the company's financial health and market position, suggesting that investors may find stability in holding onto their shares rather than selling. Such upgrades can influence market sentiment and attract more investors, potentially leading to a more robust stock performance in the future.
Asian factories struggle as soft China, US demand takes toll
NegativeFinancial Markets
Asian factories are facing significant challenges as demand from both China and the US softens, leading to a slowdown in production and economic uncertainty. This situation is crucial as it highlights the interconnectedness of global supply chains and the potential ripple effects on economies worldwide. As these factories struggle, it raises concerns about job security and economic stability in the region.
‘The Simpsons' Movie Sequel Could Be Disney’s Smartest Sequel Yet
PositiveFinancial Markets
Disney's decision to bring 'The Simpsons' back to theaters in 2027 is generating excitement, as it could be one of the smartest moves in the evolving landscape of legacy franchises. With the show's enduring popularity and cultural impact, this sequel has the potential to attract both longtime fans and new audiences, making it a significant addition to Disney's lineup.
Indonesia Wealth Fund CIO on Investment Strategies
PositiveFinancial Markets
Pandu Sjahrir, the Chief Investment Officer of Indonesia's sovereign wealth fund Danantara, recently shared insights on investment opportunities during a conversation with Haslinda Amin at the Milken Institute Asia Summit in Singapore. This discussion is significant as it highlights Indonesia's strategic approach to attracting investments, which could bolster the country's economic growth and enhance its global financial standing.
Danantara CIO says Freeport Divestment Unlikely to Be Free
NeutralFinancial Markets
The chief investment officer of Indonesia's Danantara sovereign wealth fund has indicated that the divestment of additional shares by Freeport-McMoRan Inc. in its local unit is nearly complete. This development is significant as it highlights ongoing negotiations between the Indonesian government and the US mining giant, reflecting the country's efforts to increase local ownership in key industries.
Paris Fashion Week: All Done Up For Work, All The Time
NeutralFinancial Markets
Paris Fashion Week S/S 2026 showcased a strong message about preparing for the challenges of work life, emphasizing the need for resilience. While the overall theme suggested a tough journey ahead, the event also highlighted the unique flair of Paris, reminding us that even in difficult times, creativity and style can shine through.