New Era Energy & Digital JV to acquire additional acreage

New Era Energy & Digital announced that Texas Critical Data Centers, its 50/50 joint venture with Sharon AI, enters into a definitive purchase and sale agreement on the acquisition of an additional 203 contiguous acres. The purchase expands the development footprint to a total of 438 acres, “strengthening TCDC’s ability to deliver a multi-phase, multi-gigawatt artificial intelligence and high-performance computing campus, designed to scale well beyond 1 GW,” the company stated. E. Will Gray II, CEO of New Era Energy & Digital, stated: “Expanding the campus to 438 acres is a major step in our vision to build a future where energy and compute are inseparable drivers of long-term value. We are designing a multi-gigawatt, vertically integrated platform to serve the accelerating demands of the AI economy, and this expanded footprint gives us the scale, flexibility, and efficiency to execute with speed and discipline. It positions us to deliver the high-value, long-duration energy and compute infrastructure hyperscale operators require-and to generate durable value for our shareholders for many years to come.”