New Era Energy & Digital enters LOI to form joint venture for its TCDC

New Era Energy & Digital announced that it has entered into a non-binding letter of intent, LOI, to form a joint venture for the development and financing of its Texas Critical Data Centers campus, TCDC, in West Texas. The joint venture will bring New Era together with Stream Data Centers, a Tier-1 U.S. data center development and operating platform, with equity capital provided by a third-party sponsor and arranger of institutional capital with significant experience in digital infrastructure and energy investments.