TLDR: New Era Energy & Digital, in a joint venture with Sharon AI, Inc., has successfully completed Phase One engineering for its Texas Critical Data Centers (TCDC) project. This milestone validates the constructability of a scalable 1 gigawatt (GW) AI and high-performance computing campus in Ector County, Texas, designed to meet the escalating demand for AI compute capacity. The company’s stock, NUAI, saw a significant surge following the announcement, reflecting strong investor confidence in its strategic pivot towards energy-resilient AI infrastructure.
MIDLAND, Texas – New Era Energy & Digital, Inc. (Nasdaq: NUAI), formerly known as New Era Helium, Inc., announced today the successful completion of Phase One engineering for its ambitious Texas Critical Data Centers (TCDC) project. This pivotal achievement marks a significant step forward in developing a scalable 1 gigawatt (GW) AI and high-performance computing (HPC) campus situated in Ector County, within the Permian Basin of Texas. The TCDC project is a 50/50 joint venture with Sharon AI, Inc., aimed at addressing the rapidly increasing global demand for AI compute capacity and energy-efficient infrastructure.
The completion of Phase One engineering validates the constructability of the AI-optimized campus, with critical load studies and environmental approvals already secured. This development positions New Era Energy & Digital as a key player in the burgeoning AI infrastructure market, particularly within Texas, which is emerging as a prominent hub for such facilities. The project’s design emphasizes liquid-cooled, high-efficiency compute infrastructure, complemented by robust behind-the-meter power solutions to ensure resilience and sustainability.
New Era Energy & Digital has forged strategic partnerships to bolster the TCDC project’s capabilities. These include a non-binding letter of intent with Mawgan Capital to integrate its Digital Zero Power (DZP) solution, and a non-binding term sheet with Thunderhead Energy Solutions LLC for the development of a 250 MW power island. Furthermore, the company’s joint venture, TCDC, has signed a Memorandum of Understanding (MOU) with GlobeLink Holdings, LLC, to develop a transformative 1,600-mile fiber optic network across Texas. This network is purpose-built for AI, hyperscale, and cloud workloads, promising sub-5 millisecond latency and over 30 terabits per second (Tbps) of capacity per fiber pair, designed to handle high-performance computing and mission-critical applications.
The company’s strategic shift towards AI data center infrastructure was formalized with its rebranding from New Era Helium, Inc. to New Era Energy & Digital, Inc., effective August 13, 2025. This rebranding reflects a clear focus on providing turnkey solutions for hyperscale, enterprise, and edge operators, accelerating data center deployment, and optimizing total cost of ownership. The TCDC project also aligns with Texas Senate Bill 6 (SB6) compliance, further solidifying its operational framework.
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Following the announcement, New Era Energy & Digital’s stock (NUAI) experienced a notable surge, with reports indicating an intraday rally of approximately 39%. This reflects strong investor confidence in the TCDC project’s potential to meet the surging GPU compute demand. With Phase Two engineering now underway, New Era Energy & Digital is poised to continue its trajectory in shaping the future of AI data center energy solutions in North America.
