New Era Energy & Digital (NASDAQ:NUAI) has been one of the most successful AI stocks that you have probably never heard of.
New Era Energy & Digital (NASDAQ:NUAI) earlier this week shared a major step forward in its data center ambitions, announcing a strategic partnership with Primary Digital Infrastructure. Speaking to Proactive following the PTC26 conference in Hawaii, CEO Will Gray said the collaboration would enable New Era to focus on what it does best — behind-the-meter power generation using natural gas — while Primary brings decades of experience in building data centers at scale.
New Era Energy & Digital (NASDAQ:NUAI) announced it has entered into a partnership with Primary Digital Infrastructure to co-develop the Texas Critical Data Centers (TCDC) project, a hyperscale data center campus planned for Ector County in the Permian Basin region of Texas. The companies will co-sponsor the project, which is designed as an approximately 1 GW+ campus engineered to support next-generation hyperscale computing requirements.
New Era Energy & Digital (NASDAQ:NUAI) said it will contest a civil complaint recently filed by the State of New Mexico Attorney General and the New Mexico Oil Conservation Division, calling the allegations unfounded and stating they do not affect the company's core business. In a statement released from Midland, Texas, the Nasdaq-listed company said it intends to defend itself and its chairman and CEO, E.
New Era Energy & Digital (NASDAQ:NUAI) said on Tuesday it had agreed to buy out its partner's stake in a planned hyperscale data center development in West Texas, consolidating full ownership as the project moves toward its next phase. The Nasdaq-listed company said it will acquire Sharon AI's 50% interest in Texas Critical Data Centers LLC (TCDC) for $70 million, giving New Era 100% ownership of the project.
New Era Energy & Digital (NASDAQ:NUAI), a developer and operator of digital infrastructure and integrated power assets in the Permian Basin, on Friday pushed back against allegations from an anonymous short-seller activist group. The company said the December 11 report by Fuzzy Panda Research contained “factually inaccurate” claims intended to mislead investors about New Era's operations, financial position, and project status.
New Era Energy & Digital (NASDAQ:NUAI) said on Thursday it has made key engineering, commercial and regulatory advances at its Texas Critical Data Centers campus, a 50/50 joint venture with Sharon AI and the company's flagship AI-focused data center and power project in the Permian Basin. The planned 438-acre site in Ector County near Odessa is being prepared to support more than 1 gigawatt of capacity, with early-stage development now underway.
New Era Energy & Digital, Inc. is a pre-revenue company that aims to develop and operate data centers. The company is developing Texas Critical Data Centers, a 1GW potential capacity joint venture with Sharon AI. It also holds a 137,000-acre site at Pecos Slope, with helium and natural gas reserves.