jgrabar
2週前
Grabar Law Office is investigating claims on behalf of shareholders of New Era Energy & Digital, Inc. (NASDAQ: NUAI). The investigation concerns whether New Era and certain of its officers and directors breached their fiduciary duties owed to the Company.
If you purchased New Era Energy & Digital, Inc. (NASDAQ: NUAI) shares on or shortly after the Company’s December 9, 2024 IPO, and still hold shares today, please visit https://grabarlaw.com/the-latest/newera-shareholder-investigation-2/ contact Joshua H. Grabar at jgrabar @FH-6085. You may be able to seek corporate governance reforms, the return of funds back to the Company, and a court-approved incentive award at no cost to you whatsoever.
WHY? According to a recently filed federal securities fraud class action complaint, New Era (NASDAQ: NUAI) and certain of its officers allegedly made false and misleading statements concerning the Company’s Texas Critical Data Centers project, permitting progress, environmental liabilities, and related-party oil and gas transactions. The complaint alleges that New Era overstated its progress in obtaining regulatory permits and advancing its purported flagship Texas Critical Data Centers project, while publicly touting “tangible progress across all fronts including engineering, permitting, regulatory filings, and land expansion.” According to the complaint, the Company also misrepresented to investors that it was making substantial progress toward a large-scale AI and high-performance computing data center campus in West Texas when in fact, “no applications have even been submitted” for required construction and environmental permits. Moreover, a substantial number of New Era’s gas wells had been acquired from bankrupt entities tied to Company insiders and accused management of engaging in financial practices designed to enrich insiders while avoiding environmental cleanup obligations.
Then, on December 29, 2025, reports emerged that the New Mexico Attorney General had filed suit against New Era, its subsidiary Solis Partners, LLC, and Company CEO Everett Willard Gray II, alleging a “fraudulent oil-and-gas scheme” involving self-dealing transactions, shell entities, and strategic bankruptcies designed to evade plugging and remediation obligations for inactive wells. According to the complaint, the alleged scheme involved transferring wells among affiliated entities while leaving environmental liabilities behind in bankruptcy proceedings.
WHAT CAN YOU DO NOW? If you purchased or otherwise acquired New Era Energy & Digital, Inc. (NASDAQ: NUAI) shares since on or shortly after December 9, 2024, and continue to hold shares today, you may have standing to seek corporate governance reforms, the return of funds back to the Company, and a court-approved incentive award at no cost to you whatsoever. Visit https://grabarlaw.com/the-latest/newera-shareholder-investigation-2/, email Joshua Grabar at jgrabar @FH-6085, to learn more. #NewEraEnergy #NUAI $NUAI
Attorney Advertising Disclosre
jgrabar
1月前
Notice to Long-Term Investors of New Era Energy & Digital, Inc. (NASDAQ: NUAI): Grabar Law Office Investigates Claims on Your Behalf
What is Happening? Grabar Law Office is investigating claims on behalf of shareholders of New Era Energy & Digital, Inc. (NASDAQ: NUAI). The investigation concerns whether New Era and certain of its officers and directors breached their fiduciary duties owed to the Company.
If you purchased New Era Energy & Digital, Inc. (NASDAQ: NUAI) shares on or near the Company’s December 9, 2024 IPO, and continue to hold shares today, please visit https://grabarlaw.com/the-latest/newera-shareholder-investigation-2/ contact Joshua H. Grabar at jgrabar @FH-6085. You may be able to seek corporate governance reforms, the return of funds back to the Company, and a court-approved incentive award at no cost to you whatsoever.
Why? According to a recently filed federal securities fraud class action complaint, New Era Energy & Digital, Inc. (NASDAQ: NUAI), through certain of its officers, allegedly made false and misleading statements concerning the Company’s Texas Critical Data Centers project, permitting progress, environmental liabilities, and related-party oil and gas transactions. The complaint alleges that New Era overstated its progress in obtaining regulatory permits and advancing its purported flagship Texas Critical Data Centers project, while publicly touting “tangible progress across all fronts including engineering, permitting, regulatory filings, and land expansion.” According to the complaint, the Company also represented to investors that it was making substantial progress toward a large-scale AI and high-performance computing data center campus in West Texas. It is alleged that that New Era’s AI pivot was largely a “fantasy,” and that despite Company representations regarding permitting progress, “no applications have even been submitted” for required construction and environmental permits. It is further alleged that a substantial number of New Era’s gas wells had been acquired from bankrupt entities tied to Company insiders and accused management of engaging in financial practices designed to enrich insiders while avoiding environmental cleanup obligations.
On December 29, 2025, reports emerged that the New Mexico Attorney General had filed suit against New Era, its subsidiary Solis Partners, LLC, and Company CEO Everett Willard Gray II, alleging a “fraudulent oil-and-gas scheme” involving self-dealing transactions, shell entities, and strategic bankruptcies designed to evade plugging and remediation obligations for inactive wells. According to that complaint, the alleged scheme involved transferring wells among affiliated entities while leaving environmental liabilities behind in bankruptcy proceedings.
What Can You Do Now? If you purchased or otherwise acquired New Era Energy & Digital, Inc. (NASDAQ: NUAI) shares on or near its December 9, 2024 IPO, and continue to hold shares today, you may have standing to seek corporate governance reforms, the return of funds back to the Company, and a court-approved incentive award at no cost to you whatsoever. Visit https://grabarlaw.com/the-latest/newera-shareholder-investigation-2/, email Joshua Grabar at jgrabar @FH-6085.
#NewEraEnergy #NUAI $NUAI
Attorney Advertising Disclaimer
Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 267-507-6085
Email: jgrabar@grabarlaw.com
US Market News
3月前
New Era Energy & Digital Partners with Stream Data Centers for Flagship TCDC CampusApril 1, 2026 7:30 AM
Business Wire
New Era Energy & Digital, Inc. (Nasdaq: NUAI) (“New Era” or the “Company”), a developer and operator of next-generation digital infrastructure and integrated power assets in the Permian Basin, today announced that it has entered into a non-binding letter of intent (“LOI”) to form a joint venture for the development and financing of its Texas Critical Data Centers campus (“TCDC”) in West Texas.
The joint venture will bring New Era together with Stream Data Centers (“Stream”), a Tier-1 U.S. data center development and operating platform, with equity capital provided by a third-party sponsor and arranger of institutional capital (the “Institutional Investor”) with significant experience in digital infrastructure and energy investments.
Strategic Rationale
The LOI outlines a joint venture development structure in which New Era contributes its site control and local relationships, the Institutional Investor contributes equity capital and sources debt financing, and Stream provides its institutional-grade development, leasing and operating capabilities.
Stream is expected to serve as development manager and operator for the campus. The Institutional Investor is expected to lead project financing, which is expected to include approximately 80% debt financing on competitive market terms.
New Era’s contribution of the strategically located project site - together with the right to co-invest significant equity capital alongside the Institutional Investor- reflects the Company’s intention to remain a long-term, meaningful stakeholder in the venture, not merely a land seller.
New Era’s equity position in the venture is expected to generate distributions from operating cash flow after commercial operations of the first phase commence, providing a near-term path to recurring revenue.
The project is expected to be structured through a newly formed Delaware limited liability company, governed by an operating agreement providing New Era with appropriate governance protections and associated rights.
This approach reflects New Era’s capital-efficient development model and repeatable platform strategy, whereby projects are advanced through partnerships with experienced operators and institutional capital at the asset level.
Development and Capital Partners
Stream is a leading U.S. data center development and operating platform, backed by one of the world’s largest alternative asset managers, with a track record of developing, financing, and delivering large-scale data center campuses across North America. The platform maintains relationships with leading cloud and technology companies and operates a portfolio of significant scale across key U.S. data center markets.
The Institutional Investor is a premier sponsor and arranger of institutional equity and debt capital with experience in digital infrastructure and energy investments, and a track record of providing large-scale financing solutions for complex infrastructure projects.
Management Commentary
“The fact that Stream and a premier provider of infrastructure capital have chosen to partner with New Era validates both the strategic value of the TCDC campus and the strength of our development strategy and platform,” said E. Will Gray II, Chief Executive Officer of New Era.
“This LOI represents an important step in advancing TCDC toward delivery, and we remain focused on progressing toward a definitive agreement with Stream. We expect to invest alongside our partner given our conviction in this project, this market, and the growing need for purpose-built, power-ready data center infrastructure. Our structure is designed to position New Era as an ongoing participant in the asset’s economics as the campus is developed.”
Michael Lahoud, Stream Chief Executive Officer, stated, “We are proud to be partnered with New Era to build out a world scale data center in West Texas, which is quickly becoming a premier data center territory.”
TCDC Campus Overview
TCDC represents a foundational deployment of New Era’s development platform and is positioned to support large-scale AI and HPC computing workloads for hyperscalers.
TCDC is located in the Permian Basin of West Texas, a region with significant energy resources and growing relevance for data center development.
438 acres owned, plus a 54-acre corridor pending (Ector County, Texas)
Adjacent to generation assets operated by Vistra and Calpine
Designed for phased expansion toward 1+ GW of total capacity
Expected to be delivered in three phases on land contributed by New Era
Phase 1: ~200 MW of utility-powered capacity
Phase 2: ~450 MW of on-site gas-fired generation capacity
Phase 3: scales the campus to over 1 GW of total capacity
Behind-the-meter power strategy designed to enhance power certainty and delivery speed
About New Era Energy & Digital, Inc.
New Era is a developer and operator of next-generation digital infrastructure and integrated power assets. The Company is developing Texas Critical Data Centers LLC (“TCDC”), a 438 acre large-scale AI and high-performance computing data center campus located in Ector County, outside Odessa, Texas. TCDC is master planned as a multi-phase development, with anticipated capacity scaling to 1+ gigawatt over time. With a growing portfolio of strategically located, vertically integrated resources including powered land and powered shells, the Company delivers turnkey solutions that enable hyperscale, enterprise, and edge operators to accelerate data center deployment, optimize total cost of ownership, and future-proof their infrastructure investments.
For more information, visit: www.newerainfra.ai, and follow New Era Energy & Digital on LinkedIn and X.
About Stream Data Centers
Stream Data Centers is a high-growth developer and operator of wholesale data center colocation capacity and build-to-suit facilities for hyperscale and enterprise users in major markets across the United States. For more than 25 years, Stream has set new standards for innovation, operational excellence and sustainability in the data center industry, acquiring, developing and managing complex data center projects for the world’s most demanding users, with over 90% of its inventory leased to Fortune 100 customers. Stream’s dedicated site development entity, Headwaters, continues to build a dedicated land bank of attractive site locations, while Stream provides energy strategies with a focus on reducing market risk and supplying cost-effective renewable energy options.
Stream is a key operating platform within the Apollo (NYSE: APO) ecosystem and is headquartered in Dallas, Texas, with a presence in major markets including Dallas, Phoenix, Chicago, San Antonio, Atlanta and more. Learn more at streamdatacenters.com.
Forward-Looking Statements
This press release contains “forward-looking statements.” Forward-looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation: our ability to construct, develop, lease and maintain our flagship project; our ability to access adequate project financing, commercial borrowings and debt and equity capital markets to fund our significant anticipated capital expenditures; the impact of supply chain disruptions, labor availability, raw materials and input commodity costs and availability, and manufacturing and transportation; general business and economic conditions; environmental history, remediation, and associated risks; our ability to obtain and renew leases with our tenants on terms favorable to us, and manage our growth, business, financial results and results of operations; our ability to respond to price fluctuations and rapidly changing technology; the impact of tariffs and global trade disruptions on us and our tenants; changes in political conditions, geopolitical turmoil, political instability, civil disturbances, and restrictive governmental actions; the degree and nature of our competition; our failure to generate sufficient cash flows to service indebtedness; our expectations regarding the anticipated timeline of our cash, cash equivalents and short-term investments, future financial performance and our ability to continue as a going concern; material negative changes in the creditworthiness and the ability of our tenants to meet their contractual obligations; increases and volatility in interest rates; increased power, labor, equipment procurement, shipping, refurbishment or construction costs; a failure of our information technology systems, systems conversions and integrations, cybersecurity attacks or a breach of our information security systems, networks or processes; our inability to obtain and/or maintain necessary government or other required consents or permits; changes in, or the failure or inability to comply with, local, state, federal and applicable international laws and regulations, including related to taxation, real estate and zoning laws, and increases in real property tax rates; the impact of any financial, accounting, legal or regulatory issues or litigation that may affect us; and other factors (including the risks contained in the “Risk Factors” section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025). Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260401723659/en/
For investor inquiries, please contact:
OG Advisory Group
Lincoln Tan
nuai@orangegroupadvisors.com
Original: New Era Energy & Digital Partners with Stream Data Centers for Flagship TCDC Campus
US Market News
4月前
New Era Energy & Digital Announces Appointment of Ted Warner as Chief Financial Officer and Announces Grant of Employment Inducement AwardsMarch 16, 2026 4:45 PM
Business Wire
New Era Energy & Digital, Inc. (Nasdaq: NUAI) (“New Era” or the “Company”), a developer and operator of next-generation digital infrastructure and integrated power assets in the Permian Basin, today announced the appointment of Ted Warner as Chief Financial Officer, effective March 16, 2026.
Mr. Warner brings nearly 20 years of experience across energy, power, and digital infrastructure capital markets, including investment banking and executive leadership roles. Most recently, Mr. Warner led Northland Capital Markets’ Energy, Power and Digital Infrastructure practice. Since 2023, Northland has structured and sole managed more than $7 billion in financing solutions for large-scale data center development, with a focus on bespoke and flexible capital structures for early-stage digital infrastructure platforms. Mr. Warner has also participated in billions of dollars of additional financing and advisory transactions related to HPC infrastructure across the capital stack.
Earlier in his career, Mr. Warner focused on capital markets and advisory work in the traditional energy sector, particularly upstream oil and gas and oilfield services. He also served as Chief Financial Officer of a private equity-backed, multi-basin oilfield services company based in Dallas, Texas.
Mr. Warner holds Series 7, 79, and 63 licenses, a B.A. from the University of Michigan, Ann Arbor and an MBA from the Carlson School of Management at the University of Minnesota.
“Ted brings deep capital markets expertise and a strong track record structuring financing solutions for large-scale infrastructure development,” said E. Will Gray II, Chief Executive Officer of New Era. “His recent experience advising on HPC and data center financing is highly relevant to our strategy as we advance the development of Texas Critical Data Centers. We are excited to welcome Ted to the team and believe his relationships and execution capabilities will be instrumental as we pursue the capital partnerships needed to scale our platform.”
In connection with Mr. Warner’s commencement of employment, the Company’s compensation committee of the Board of Directors approved two equity compensation grants to Mr. Warner as inducement material to his acceptance of employment in the form of time-vesting restricted stock units that relate to 610,673 shares of the Company’s common stock (the “RSUs”) and performance-vesting restricted stock units that relate to 1,221,346 shares of the Company’s common stock (the “PSUs”). These equity compensation awards are consistent with the Company’s compensation philosophy of aligning executive compensation with stockholder interests through long-term and performance-based equity compensation designed to incentivize long-term value creation.
The RSUs vest ratably on a monthly basis over a four-year period conditioned on Mr. Warner’s continued employment with the Company as of each applicable vesting date. The PSUs vest based on successful achievement of the applicable performance criteria during the period beginning January 1, 2026 and ending on December 31, 2030 and are also subject to time-based vesting on a monthly basis over a four-year period conditioned on Mr. Warner’s continued employment with the Company as of each applicable vesting date. The PSUs consist of: (i) 203,476.24 PSUs that vest based on the Company entering into a binding commercial agreement with a hyperscaler with minimum production of 200 megawatts (the “Lease”); (ii) 203,476.24 PSUs that vest based on the Company achieving a final financial closing relating to the Lease at the Company’s Ector County, Texas site (the “Site”); (iii) 203,720.52 PSUs that vest based on: (A) the Company achieving commercial operation at the Site and (B) the volume-weighted average closing price of the Company’s common stock over any 90-day period during the performance period being at least $15.00; and (iv) 610,673 PSUs that vest upon the Company completing a material credit facility sufficient to support the Company’s project development with a major financial institution on or before June 30, 2026.
The RSUs and PSUs are intended to be inducement awards under Rule 5635(c)(4) of the Nasdaq Listing Rules and were granted outside of the Company’s 2024 Equity Incentive Plan (the “Plan”). Although the PSUs and RSUs were granted outside of the Plan, the PSUs and RSUs are subject to the terms of the Plan.
About New Era Energy & Digital, Inc.
New Era is a developer and operator of next-generation digital infrastructure and integrated power assets. The Company is developing Texas Critical Data Centers LLC (“TCDC”), a 438 acre large-scale AI and high-performance computing data center campus located in Ector County, outside Odessa, Texas. TCDC is master-planned as a multi-phase development, with anticipated capacity scaling to 1+ gigawatt over time. With a growing portfolio of strategically located, vertically integrated resources including powered land and powered shells, the Company delivers turnkey solutions that enable hyperscale, enterprise, and edge operators to accelerate data center deployment, optimize total cost of ownership, and future-proof their infrastructure investments.
For more information, visit: www.newerainfra.ai, and follow New Era Energy & Digital on LinkedIn and X.
Forward-Looking Statements
This press release contains “forward-looking statements.” Forward-looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation: our ability to construct, develop, lease and maintain our flagship project; our ability to access adequate project financing, commercial borrowings and debt and equity capital markets to fund our significant anticipated capital expenditures; the impact of supply chain disruptions, labor availability, raw materials and input commodity costs and availability, and manufacturing and transportation; general business and economic conditions; environmental history, remediation, and associated risks; our ability to obtain and renew leases with our tenants on terms favorable to us, and manage our growth, business, financial results and results of operations; our ability to respond to price fluctuations and rapidly changing technology; the impact of tariffs and global trade disruptions on us and our tenants; changes in political conditions, geopolitical turmoil, political instability, civil disturbances, and restrictive governmental actions; the degree and nature of our competition; our failure to generate sufficient cash flows to service indebtedness; our expectations regarding the anticipated timeline of our cash, cash equivalents and short-term investments, future financial performance and our ability to continue as a going concern; material negative changes in the creditworthiness and the ability of our tenants to meet their contractual obligations; increases and volatility in interest rates; increased power, labor, equipment procurement, shipping, refurbishment or construction costs; a failure of our information technology systems, systems conversions and integrations, cybersecurity attacks or a breach of our information security systems, networks or processes; our inability to obtain and/or maintain necessary government or other required consents or permits; changes in, or the failure or inability to comply with, local, state, federal and applicable international laws and regulations, including related to taxation, real estate and zoning laws, and increases in real property tax rates; the impact of any financial, accounting, legal or regulatory issues or litigation that may affect us; and other factors (including the risks contained in the “Risk Factors” section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025). Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260316001178/en/
For investor inquiries, please contact:
OG Advisory Group
Lincoln Tan
nuai@orangegroupadvisors.com
Original: New Era Energy & Digital Announces Appointment of Ted Warner as Chief Financial Officer and Announces Grant of Employment Inducement Awards
US Market News
4月前
New Era Energy & Digital Files Form 10-K for Fiscal Year 2025March 11, 2026 8:32 PM
Business Wire
New Era Energy & Digital, Inc. (Nasdaq: NUAI) (“New Era” or the “Company”), a developer and operator of next-generation digital infrastructure and integrated power assets in the Permian Basin, today announced the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2025.
Management will host a business update conference call and webcast on Tuesday, March 17, 2026, at 5:00 p.m. Eastern Time to discuss recent developments, strategic priorities, and the Company’s forward-looking business outlook.
Business Update Call and Webcast Details
To join the conference call and listen to the presentation, please register in advance via this link. The call can be accessed 15 minutes prior to the start of the live event.
The webcast recording will be available on our website www.newerainfra.ai shortly after the event.
About New Era Energy & Digital, Inc.
New Era Energy & Digital, Inc. (Nasdaq: NUAI) is a developer and operator of next-generation digital infrastructure and integrated power assets. The Company is developing Texas Critical Data Centers LLC (“TCDC”), a 438 acre large-scale AI and high-performance computing data center campus located in Ector County, outside Odessa, Texas. TCDC is master-planned as a multi-phase development, with anticipated capacity scaling to 1+ gigawatt over time. With a growing portfolio of strategically located, vertically integrated resources including powered land and powered shells, the Company delivers turnkey solutions that enable hyperscale, enterprise, and edge operators to accelerate data center deployment, optimize total cost of ownership, and future-proof their infrastructure investments.
For more information, visit: www.newerainfra.ai and follow New Era Energy & Digital on LinkedIn and X.
Forward-Looking Statements:
This press release contains “forward-looking statements.” Forward-looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation: our ability to construct, develop, lease and maintain our flagship project; our ability to access adequate project financing, commercial borrowings and debt and equity capital markets to fund our significant anticipated capital expenditures; the impact of supply chain disruptions, labor availability, raw materials and input commodity costs and availability, and manufacturing and transportation; general business and economic conditions; environmental history, remediation, and associated risks; our ability to obtain and renew leases with our tenants on terms favorable to us, and manage our growth, business, financial results and results of operations; our ability to respond to price fluctuations and rapidly changing technology; the impact of tariffs and global trade disruptions on us and our tenants; changes in political conditions, geopolitical turmoil, political instability, civil disturbances, and restrictive governmental actions; the degree and nature of our competition; our failure to generate sufficient cash flows to service indebtedness; our expectations regarding the anticipated timeline of our cash, cash equivalents and short-term investments, future financial performance and our ability to continue as a going concern; material negative changes in the creditworthiness and the ability of our tenants to meet their contractual obligations; increases and volatility in interest rates; increased power, labor, equipment procurement, shipping, refurbishment or construction costs; a failure of our information technology systems, systems conversions and integrations, cybersecurity attacks or a breach of our information security systems, networks or processes; our inability to obtain and/or maintain necessary government or other required consents or permits; changes in, or the failure or inability to comply with, local, state, federal and applicable international laws and regulations, including related to taxation, real estate and zoning laws, and increases in real property tax rates; the impact of any financial, accounting, legal or regulatory issues or litigation that may affect us; and other factors (including the risks contained in the “Risk Factors” section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025). Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260311995007/en/
For investor inquiries, please contact:
OG Advisory Group
Lincoln Tan
lincoln@orangegroupadvisors.com
Original: New Era Energy & Digital Files Form 10-K for Fiscal Year 2025
US Market News
4月前
New Era Energy & Digital Strengthens Integrated Power Positioning at TCDC with Strategic 54-Acre Corridor LOIFebruary 26, 2026 2:00 PM
Business Wire
New Era Energy & Digital, Inc. (Nasdaq: NUAI) (“New Era” or the “Company”), a developer and operator of next-generation digital infrastructure and integrated power assets in the Permian Basin, today announced it has entered into a non-binding Letter of Intent ("LOI") to acquire approximately 54 acres of strategically located land adjacent to its Texas Critical Data Centers (“TCDC”) campus in Ector County, Texas.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260226055146/en/Site Overview
The contemplated acquisition was undertaken as part of ongoing lease negotiations with a leading hyperscale tenant and partners, where securing the additional acreage emerged as a key milestone in advancing discussions. This development is accompanied by continued site advancement, including initial land clearing, removal of out-of-service and abandoned pipeline infrastructure, relocation of active lines, and subsurface soil sampling to support civil engineering design. These activities are intended to optimize the developable footprint and maximize usable acreage for data center deployment.
By seeking to consolidate this corridor, New Era is looking to enhance its ability to structure direct power solutions and optimize interconnection design as it advances development of its now 438-acre, master-planned TCDC campus, which is designed to scale to more than 1 gigawatt over time.
The additional acreage would expand New Era’s capacity to:
Directly on next for major power offtake arrangements with nearby energy generation and transport infrastructure
Negotiate more efficient and flexible interconnection structures
Reduce exposure to broader grid congestion and transmission constraints; and
Enhance redundancy, reliability, and long-term expansion flexibility
The Company expects control of the corridor between operating generation assets and its campus footprint may potentially increase New Era’s negotiating leverage with power producers while improving development sequencing. It also expands the Company’s options for transmission access and energy integration, which are critical for hyperscale and high-performance computing tenants requiring scalable, resilient power infrastructure.
E. Will Gray II, CEO of New Era Energy & Digital commented: “By taking the first step to secure this additional 54 acres, we are seeking to strengthen our strategic land position between major power generation and transmission assets and take a pivotal step toward finalizing a definitive lease agreement with our end tenant. This transaction would further reinforce TCDC’s positioning as an integrated power and digital infrastructure platform designed for long-term expansion and operational reliability.”
About New Era Energy & Digital, Inc.
New Era Energy & Digital, Inc. (Nasdaq: NUAI) is a developer and operator of next-generation digital infrastructure and integrated power assets. The Company is developing Texas Critical Data Centers LLC (“TCDC”), a 438 acre large-scale AI and high-performance computing data center campus located in Ector County, outside Odessa, Texas. TCDC is master-planned as a multi-phase development, with anticipated capacity scaling to 1+ gigawatt over time. With a growing portfolio of strategically located, vertically integrated resources including powered land and powered shells, the Company delivers turnkey solutions that enable hyperscale, enterprise, and edge operators to accelerate data center deployment, optimize total cost of ownership, and future-proof their infrastructure investments. For more information, visit: www.newerainfra.ai, and follow New Era Energy & Digital on LinkedIn and X.
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements.” Forward-looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation: (a) our ability to effectively operate our business segments; (b) our ability to manage our research, development, expansion, growth and operating expenses; (c) our ability to evaluate and measure our business, prospects and performance metrics; (d) our ability to compete, directly and indirectly, and succeed in a highly competitive and evolving industry; (e) our ability to respond and adapt to changes in technology and customer behavior; (f) our ability to protect our intellectual property and to develop, maintain and enhance a strong brand; and (g) other factors (including the risks contained in the “Risk Factors” section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024). Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260226055146/en/
New Era Energy & Digital, Inc. Investor and Media Contact:
Investor Relations
Jonathan.Paterson@harbor-access.com
Tel: +1 475 477 9401
Original: New Era Energy & Digital Strengthens Integrated Power Positioning at TCDC with Strategic 54-Acre Corridor LOI
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