New Era Energy Partners with Primary Digital to Develop Texas Data Centers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Yahoo Finance
- Data Center Co-Development: New Era Energy has partnered with Primary Digital Infrastructure to co-develop the Texas Critical Data Centers project, which is expected to support over one gigawatt of hyperscale computing needs, significantly enhancing the company's market position in digital infrastructure.
- Project Scale and Potential: Located in Ector County, the data center is specifically engineered to meet future hyperscale computing demands, featuring both grid and behind-the-meter power generation solutions, with substantial future expansion potential aimed at attracting investment-grade tenants.
- Capital and Execution Strategy: As the lead capital partner, Primary Digital will leverage its extensive experience in global data center development and financing to support the complex financing required for the project, ensuring timely and on-budget completion while systematically de-risking the development.
- Market Demand and Strategic Alignment: This partnership aligns with New Era Energy's strategic goals to build a portfolio of high-quality, risk-mitigated data center assets, addressing the growing demand for infrastructure in the digital economy.
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About NUAI
New Era Energy & Digital, Inc., formerly New Era Helium, Inc., is a platform delivering integrated solutions across energy, power, and digital infrastructure. The Company controls over 137,000 acres in Southeastern New Mexico with helium and natural gas reserves. Through its joint venture, Texas Critical Data Centers (TCDC, www.texascriticaldatacenters.com), it is advancing a scalable, up to one gigawatt (GW) artificial intelligence (AI) and high-performance computing (HPC) campus to meet demand for compute capacity and energy-efficient infrastructure. It delivers turnkey solutions that enable hyperscale, enterprise, and edge operators to accelerate data center deployment. TCDC’s flagship project is a 250-megawatt data center campus in Ector County, Texas, purpose-built to meet demand for AI and cloud GPU workloads. The site features advanced natural gas power generation, liquid cooling systems, and the potential for carbon capture integration, delivering scalable compute capacity.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
