New Era Helium JV closes on 235-acre Permian Basin site for 250MW AI data center campus

New ERA Energy & Digital, Inc.

TCDC, a 50/50 JV with Sharon AI, closed purchase of 235 acres in Ector County, TX on July 25, 2025.
The site will host an AI and HPC data center campus initially targeting 250MW, scalable beyond 1 GW.
TCDC signed exclusive LOI for additional 203 contiguous acres, expanding potential site to 438 acres.
TCDC will apply for Industrial District with City of Odessa to access municipal services and maintain favorable zoning.
CEO Gray says the closing advances the strategy to align Permian energy assets with AI/HPC demand.

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