Source - Alliance News
Fermi Inc - Amarillo, Texas-based real estate investment trust, which focuses on data centres - Confirms the company is in discussions for over $4 billion in project financing for its first tenant. Fermi said it is projected to be non-recourse financing through a special purpose vehicle. The announcement was made in response to inquiries from London press.
Current stock price: $14.93, up 2.6% on Tuesday afternoon in London
12-month change: down 50%
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