Welcome to our dedicated page for New Era Energy & Digital news (Ticker: NUAI), a resource for investors and traders seeking the latest updates and insights on New Era Energy & Digital stock.
New Era Energy & Digital, Inc. (NASDAQ: NUAI) generates a steady flow of company news centered on its role as a developer and operator of next-generation digital infrastructure and integrated power assets. Its press releases and disclosures focus heavily on large-scale AI and high‑performance computing (HPC) projects, particularly in the Permian Basin and in Lea County, New Mexico, providing investors and observers with updates on how the company describes the evolution of its business model and projects.
Recent news has highlighted New Era’s flagship Texas Critical Data Centers LLC (TCDC) campus in Ector County near Odessa, Texas. Coverage includes announcements about land acquisitions that expand the TCDC development footprint to approximately 438 acres, engineering and site‑readiness milestones such as soil sampling, site clearing, and interconnection studies, and a strategic partnership with EYP Mission Critical Facilities for full‑scope engineering and design of the AI campus. The company has also reported on a binding term sheet to acquire Sharon AI’s 50% interest in TCDC, which, if completed, would bring the project under full New Era ownership.
News items also describe New Era’s land option purchase agreement for approximately 3,500 acres in Lea County, New Mexico, intended for a large-scale AI data center campus, as well as financial and capital structure developments, including the termination of an equity purchase facility and actions related to Nasdaq listing compliance. In addition, the company has issued statements responding to a short seller report and to a civil complaint filed in New Mexico, outlining its position on these matters.
Investors following NUAI news can use this page to review company‑issued updates on project development, regulatory and legal disclosures, capital structure decisions, and other events that New Era Energy & Digital identifies as material to its strategy and operations.
New Era Energy & Digital (Nasdaq: NUAI) said its 50/50 joint venture Texas Critical Data Centers (TCDC) with Sharon AI has partnered with EYP Mission Critical Facilities to provide full-scope engineering and design for a flagship 438-acre AI data center and power campus near Odessa, Texas.
Scope covers site engineering, powered shell structures, and advanced electrical systems tied to on-site power islands—initially 400 MW of natural gas generation with potential expansion to 1 GW and connection to the regional grid. TCDC plans high-density compute designs targeting industry-leading PUE and scalable leased shells for hyperscale tenants to accelerate deployment.
New Era Energy & Digital (Nasdaq: NUAI) announced termination of its equity purchase facility agreement (EPFA), effective October 24, 2025, and requested withdrawal of a preliminary proxy statement filed on September 19, 2025. The company said it is currently sufficiently capitalized and does not expect to sell additional shares under the EPFA.
The company also stated it no longer seeks to increase authorized shares from 250 million to 3 billion and is no longer considering one or more reverse stock splits.
New Era Energy & Digital (Nasdaq: NUAI) regained compliance with the Nasdaq Global Market’s market value of listed securities requirement under Listing Rule 5450(b)(2)(A) on October 10, 2025. Nasdaq sent formal notice that the previously disclosed deficiency was resolved, and the Nasdaq Hearings Panel hearing scheduled for October 16, 2025 was cancelled. As a result, the company’s common stock will continue to be listed and traded on the Nasdaq Global Market under the ticker NUAI. Management said the milestone reflects progress in stabilizing the business and supports continued visibility and access to a broad investor base as the company executes its strategic initiatives.
New Era Energy & Digital (Nasdaq: NUAI) commenced Phase Two engineering for the Texas Critical Data Centers joint venture in West Texas and filed an October 3, 2025 Form 8-K updating its financial status.
Key facts: Phase Two covers detailed site planning, site clearing bids expected to start within 60 days, air-permit progress pursuing a minor source permit (approval typically ~90 days), planned close on an additional 203 acres within 60–90 days to expand the site to 438 contiguous acres, and campus design to ultimately scale to 1 GW+. The 8-K describes retirement of outstanding convertible notes and use of an equity line of credit to bolster cash reserves.
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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