other_material
confidence high
sentiment positive
materiality 0.75
New Era Energy & Digital reports $80M+ cash, $290M Macquarie facility, TCDC campus progress
New ERA Energy & Digital, Inc.
- Completed $115M registered common stock offering and secured up to $290M project-level credit facility from Macquarie; $5M equity issued at $5.00/share.
- Cash position over $80M as of April 30, 2026, to support equity contribution to TCDC Phase 1.
- Flagship TCDC campus in Permian Basin advancing: Phase 1 200MW powered-shell, Phase 2 450MW, total 1.4GW; 54-acre adjacent corridor acquired.
- Leadership team appointed: E. Will Gray II (CEO), Charles Nelson (President & COO), Andy Casazza (CC), Ted Warner (CFO); removed SharonAI overhang.
- Partners include Stream (JV LOI), Apollo platform, Ramboll; hyperscaler lease negotiation is key near-term priority.
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