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New Era Energy & Digital (NASDAQ:NUAI) has completed Phase One engineering for its flagship AI data center project, Texas Critical Data Centers (TCDC), in the Permian Basin. The project, a 50/50 joint venture with Sharon AI, has cleared environmental studies and feasibility assessments.
The TCDC campus is designed to scale to 1 gigawatt (GW) of power capacity, positioning it as a major AI-optimized data center complex in North America. The project, spanning 438 acres, aims to begin power delivery in early 2027. The development includes behind-the-meter power islands and complies with Texas Senate Bill 6 regulations.
The company is now advancing to Phase Two engineering, focusing on detailed site planning and infrastructure integration.
New Era Energy & Digital (NASDAQ:NUAI) announced that its joint venture Texas Critical Data Centers (TCDC) has signed an MOU with GlobeLink Holdings to develop a 1,600-mile fiber optic network across Texas. The network will feature sub-5 millisecond latency and over 30 Tbps capacity per fiber pair, designed specifically for AI, hyperscale, and cloud workloads.
GlobeLink's infrastructure will span 2,400 miles of terrestrial and subsea fiber, connecting major cities including Mexico City, Corpus Christi, Odessa, San Antonio, Austin, and Dallas. The project aims to support TCDC's flagship campus, which is expected to grow beyond 1 GW and host multiple tenants, while delivering digital zero-carbon power supply.
New Era Energy & Digital (NASDAQ:NUAI) announced that its joint venture Texas Critical Data Centers (TCDC) has signed a non-binding LOI with Mawgan Capital to implement the Digital Zero Power™ (DZP) solution at their planned Ector County Data Center Campus in Texas.
The partnership aims to deploy a behind-the-meter natural gas generation system through Mawgan's proprietary DZP platform, which utilizes Irrefutable™ low carbon intensity certificates and Context Labs' AI-powered carbon management platform. Construction is expected to begin in late 2025, with full commissioning targeted within 18 months.
The project represents a strategic move to create a sustainable, AI-optimized compute campus with enhanced power reliability and reduced carbon footprint compared to conventional Texas grid-connected data centers.
New Era Energy & Digital (NASDAQ:NUAI) received a delisting notice from Nasdaq on September 3, 2025, for failing to maintain the required $50 million market value of listed securities (MVLS). The company plans to request a hearing before the Nasdaq Hearings Panel, which will temporarily stay any delisting action.
To maintain its listing, NUAI is exploring options including raising additional capital through its equity line to increase shareholders' equity above $2.5 million, and potentially issuing additional shares through a PIPE transaction to achieve a $35 million MVLS threshold for moving to the Nasdaq Capital Markets tier.
New Era Energy & Digital (NASDAQ: NUAI), formerly New Era Helium, has announced a strategic transformation into an AI infrastructure company, focusing on providing vertically integrated energy solutions for data centers. The company is developing the Texas Critical Data Centers (TCDC) project, a scalable 1 gigawatt AI and high-performance computing campus in Ector County.
The announcement comes amid explosive growth in the AI infrastructure market, which is projected to exceed $200 billion by 2028. Industry spending on AI infrastructure increased 97% year-over-year in H1 2024, reaching $47.4 billion. The company joins established players like Applied Digital, CoreWeave, and Vertiv in capitalizing on the surging demand for AI compute capacity.
New Era Helium (Nasdaq: NEHC) announced its corporate rebranding to New Era Energy & Digital, Inc., with trading to commence under the new ticker symbol NUAI effective August 13, 2025. The rebranding reflects the company's strategic pivot from helium production to becoming a vertically integrated energy supplier focused on AI data center infrastructure.
The company's flagship project, Texas Critical Data Centers (TCDC) in Ector County, Texas, is being developed as a scalable 1 gigawatt (GW) AI and high-performance computing campus. TCDC will provide liquid-cooled, high-efficiency compute infrastructure with behind-the-meter power solutions. The company is exploring options to maximize value from its existing natural gas and helium assets while maintaining its commitment to the AI ecosystem.
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