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.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

New ERA Energy & Digital, Inc. entered into Agreement with Odessa Industrial Development Corporation d/b/a Grow Odessa valued at Five Million Seventy-Five Thousand and No/100 Dollars ($5,075,000.00) (effective 2025-11-21).

Action: entry
Agreement: asset purchase
Counterparty: Odessa Industrial Development Corporation d/b/a Grow Odessa
Value: Five Million Seventy-Five Thousand and No/100 Dollars ($5,075,000.00)
Effective: 2025-11-21

Exact text from the filing

On November 21, 2025, Texas Critical Data Centers LLC (“ TCDC ”), a joint venture between New Era Energy & Digital Inc. (“ New Era ” or the “ Company ”), and Sharon AI, Inc., executed a purchase agreement (the “ Agreement ”) with Odessa Industrial Development Corporation d/b/a Grow Odessa, a Texas nonprofit corporation, with respect to the purchase by TCDC of approximately 203 acres in Ector County, Texas, expanding TCDC’s existing development footprint to a total of 438 acres, for a multi-phase, multi-gigawatt artificial intelligence (AI) and high-performance computing (HPC) campus.

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Source: SEC EDGAR

accession 0001213900-25-114293

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