other_material
confidence high
sentiment positive
materiality 0.60
New Era Energy & Digital JV acquires 203 acres for AI campus, expands to 438 acres
New ERA Energy & Digital, Inc.
- Texas Critical Data Centers (50/50 JV with Sharon AI) executed purchase agreement for ~203 acres in Ector County, TX.
- Total base purchase price is $5,075,000 ($25,000/acre); final price adjusted per survey.
- Total campus expands to 438 acres designed for multi-phase, multi-GW AI/HPC campus scaling beyond 1 GW.
- Closing expected late December 2025; Phase 1 construction planned for 2026.
- Campus near high-capacity fiber, nat-gas lines, CO2 pipelines; includes CCUS optionality.
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