Rick Perry's Energy REIT Fermi Files for IPO

Bloomberg.com reports that Fermi Inc., a real estate investment trust (REIT) co-founded by former Texas Governor Rick Perry, has filed for an initial public offering (IPO). The company intends to build a portfolio focused on energy infrastructure. While the initial filing offers limited details, it signals Fermi Inc.'s strategic objective to access public markets for capital. This development highlights a burgeoning trend of specialized REITs within the energy sector and may indicate a resurgence of investor interest in energy infrastructure assets.