October 6, 2025 — Leads & Copy — New Era Energy & Digital, Inc. (Nasdaq: NUAI) has announced the commencement of Phase Two engineering for Texas Critical Data Centers LLC (TCDC), its flagship data center and power development project in West Texas. The company also filed a Form 8-K with the Securities and Exchange Commission on October 3, 2025, providing an update on its financial status.
Phase Two engineering will focus on detailed site planning, site clearing, and infrastructure integration for the data center campus. TCDC is collecting bids for site clearing, with work expected to begin within the next 60 days.
TCDC has also made significant progress on obtaining air permits. The data center site is located in an air-quality attainment zone, differentiating it from other data center projects. TCDC is pursuing a minor source air permit, which allows up to 250 tons of emissions per year and can typically be approved within 90 days.
TCDC plans to acquire an additional 203 acres within 60–90 days, expanding the site to 438 contiguous acres. The West Texas data center campus is now being designed to scale to 1 GW or above.
Additional near-term milestones include expanding behind-the-meter power capacity and submitting a large-load interconnection application. In 2026, the focus will shift to starting construction of behind-the-meter power and commencing initial data center construction, with capacity expansion planned to begin in 2027.
On October 3, 2025, New Era filed a Form 8-K with the Securities and Exchange Commission. The filing is available on the SEC’s website at sec.gov and further describes the retirement of its outstanding convertible notes while also accessing its existing equity line of credit.
E. Will Gray II, CEO of New Era Energy & Digital, commented on the progress across engineering, permitting, regulatory filings, and land expansion. He also thanked the company’s significant investor for supporting the company.
About New Era Energy & Digital, Inc.
New Era Energy & Digital, Inc. (Nasdaq: NUAI) is a developer and operator of next-generation digital infrastructure and integrated power assets.
About Texas Critical Data Centers (TCDC)
Texas Critical Data Centers (TCDC) is a 50/50 joint venture between New Era Helium, Inc. and Sharon AI, Inc., established in 2024 to develop next-generation AI and high-performance computing (HPC) infrastructure in the Permian Basin.
Contact: E. Will Gray II, CEO of New Era Energy & Digital
Source: New Era Energy & Digital, Inc.
