New Era Helium JV signs LOI to acquire 200 acres for 250MW net-zero data center in Permian Basin

New ERA Energy & Digital, Inc.

TCDC signed LOI with GROW Odessa for 200 acres in Ector County for a 250MW net-zero AI/HPC data center.
Acquisition contingent on due diligence; definitive documents expected within 90 days.
Initial phase expected online in late 2026; natural gas supply contract with New Era Helium expected in Q2 2025.
Site near fiber, two natural gas pipelines, and CO2 pipeline infrastructure for CCUS.
TCDC plans to finalize technology partners and offtake agreements with hyperscalers.

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