New Era Energy & Digital’s TCDC and Thunderhead Energy Solutions Sign Strategic Power Agreement for 250 MW AI Data Center Campus in Texas
(NASDAQ:NUAI) MIDLAND, Texas--(BUSINESS WIRE)--New Era Energy & Digital, Inc. (Nasdaq: NUAI) (“NEED” or the “Company”), formerly New Era Helium, Inc., today announced that Texas Critical Data Centers LLC (“TCDC”), its 50/50 joint venture with Sharon AI, has signed a non-binding term sheet with Thunderhead Energy Solutions LLC to install a fully operational, behind-the-meter 250 MW power island for its planned hyperscale AI data center site in Ector County, Texas. Under the agreement, Thunderhead will fin
Related Questions
How will the 250 MW power island affect New Era Energy & Digital’s revenue and margins?
What are the financing terms and potential dilution associated with the partnership with Thunderhead Energy Solutions?
When is the AI data center campus expected to be operational and how does it position NEED against other hyperscale providers in Texas?