New Era Energy & Digital inks $200,000 option for 3,500 acres
New Era Energy & Digital, Inc. (NUAI) entered a material land option on November 5, 2025, securing rights to approximately 3,500 acres in Lea County, New Mexico for a planned large-scale AI data center campus.
Rhea-AI Filing Summary
New Era Energy & Digital, Inc. (NUAI) entered a material land option on November 5, 2025, securing rights to approximately 3,500 acres in Lea County, New Mexico for a planned large-scale AI data center campus. The initial option period is two years, and the company paid consideration of $200,000 for the option. This agreement provides site control for potential development; construction and project scope would follow separate decisions and agreements. The full contract is filed as Exhibit 10.1.
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8-K Event Classification
FAQ
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