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New Era Energy & Digital, Inc.

New Era Energy & Digital, Inc. develops and operates next-generation digital infrastructure and integrated power assets for advanced artificial intelligence hyperscalers. Its flagship project, Texas Critical Data Centers, covers 438 square kilometers in Ector County, Texas. The company was formerly known as New Era Helium, Inc. and changed its name to New Era Energy & Digital, Inc. in August 2025. It is based in Midland, Texas.

Price · split & dividend adjusted
News & notes moving NUAI
United States
Energy Transition & Power Demand▲

New Era secures construction permits for Texas data center project

New Era Energy & Digital has secured construction permits for its Texas Critical Data Centers project, a milestone the company says reduces development risk at the site. The company received Development Structure and Drive Approach Permits from Ector County, submitted the Phase 1 plat to Ector County and the City of Odessa, and obtained approval of a Notice of Intent from the Texas Commission on Environmental Quality to begin grading. CEO Charlie Nelson said the standard air permit filed by Phase 2 power partner Thunderhead Energy Solutions will support approximately 550MW of Phase 2 capacity, up from 450MW, bringing Phases 1 and 2 to about 757MW combined on the same timeline. New Era also closed its 54-acre corridor acquisition, bringing the campus to 493 acres, and reported $84.8 million of cash and $270 million undrawn under its up to $290 million facility with Macquarie as of June 30, 2026.
About megatrends
Energy Transition & Power Demand › Grid, Transmission & Power Equipment ▲Demand
Cloud & Digital Infrastructure › Telecom Towers, Fiber & Colocation ▲Supply
NUAI · Regulation · Positive Secured construction permits and approvals for Texas data center project, reducing development risk.
Thunderhead Energy Solutions · Demand · Positive Thunderhead's air permit supports increased Phase 2 capacity, indicating stronger demand for its power solutions.
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Grabar Law Office Investigates Claims for Shareholders of Commvault, Hub Group, New Era Energy, and Power Solutions

Grabar Law Office is investigating claims on behalf of long-term shareholders of Commvault Systems, Hub Group, New Era Energy and Digital, and Power Solutions International. The investigations concern whether certain officers and directors at each company breached their fiduciary duties. For Commvault, the probe follows a securities fraud class action alleging misleading statements about projected annual recurring revenue growth for fiscal year 2026. The Hub Group investigation relates to a complaint claiming financial misstatements from the first quarter of 2023 through the third quarter of 2025 involving premature revenue recognition and understated transportation costs. New Era Energy and Digital faces allegations of making false statements about its Texas Critical Data Centers project, permitting progress, and related-party transactions, with a New Mexico Attorney General suit alleging a fraudulent oil-and-gas scheme. Power Solutions International is accused of overstating its ability to capture data center market demand and understating the impact of manufacturing capacity enhancements. Shareholders who purchased shares before specified dates and still hold them may seek corporate reforms and return of funds at no cost.
CVLT · Regulation · Negative Securities fraud class action alleging misleading statements about ARR growth for FY2026.
HUBG · Regulation · Negative Complaint claiming financial misstatements from Q1 2023 through Q3 2025 involving premature revenue recognition and understated transportation costs.
NUAI · Regulation · Negative Allegations of false statements about Texas Critical Data Centers project, permitting progress, and related-party transactions; New Mexico AG suit alleging fraudulent oil-and-gas scheme.
PSIX · Regulation · Negative Accused of overstating ability to capture data center market demand and understating impact of manufacturing capacity enhancements.
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GlobeNewswire·76dRead more →
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New Era Energy Receives Final Court Approval For Acacia Trustee Settlement

New Era Energy & Digital has received final court approval for its settlement with the United States Trustee for the bankruptcy estates of Acacia Resources LLC and Acacia Operating Company LLC. The U.S. Bankruptcy Court for the Western District of Texas approved the settlement on July 9, under which the company defendants will pay a total of $1 million, with $350,000 going to the State of New Mexico and $650,000 to the trustee on behalf of the Acacia Resources bankruptcy estate. The payment is due within five business days of the court's approval order. The settlement resolves all trustee-controlled claims in the State of New Mexico's lawsuit against the company and certain related parties, and upon receipt of the payment, the trustee will release its defendants from those claims and dismiss them with prejudice. The State of New Mexico will continue to pursue three claims against E. Will Gray II in his individual capacity, while its five claims against the company itself are dismissed.
NUAI · Regulation · Positive Final court approval of settlement resolves trustee claims, removing legal uncertainty.
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RTTNews·87dRead more →
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Grabar Law Office Investigates Claims on Behalf of Shareholders of Badger Meter, Navan, New Era Energy & Digital, and Power Solutions International

Grabar Law Office is investigating claims on behalf of shareholders of Badger Meter, Navan, New Era Energy & Digital, and Power Solutions International. The investigations concern whether certain officers and directors of each company breached their fiduciary duties. For Badger Meter, the probe follows a federal securities class action alleging that the company attributed strong financial performance to sustainable demand while results were materially impacted by accelerated customer orders, masking weakening trends, with the truth emerging through disappointing quarterly announcements in 2025 and 2026. The Navan investigation focuses on whether its IPO offering documents omitted material information about decelerating revenue growth and increased sales and marketing spending. The New Era Energy & Digital investigation involves allegations of false statements about its Texas Critical Data Centers project, permitting progress, and related-party transactions, as well as a lawsuit by the New Mexico Attorney General alleging a fraudulent oil-and-gas scheme. The Power Solutions International investigation concerns claims that the company overstated its ability to capture data center market demand and understated the impact of manufacturing capacity enhancements. Current shareholders who acquired shares during the specified periods may seek corporate reforms and return of funds at no cost.
BMI · Regulation · Negative Federal securities class action alleging misleading statements about demand and accelerated orders.
NAVN · Regulation · Negative Investigation into IPO documents omitting material information about revenue deceleration and spending.
NUAI · Regulation · Negative Allegations of false statements about project and related-party transactions, plus fraud lawsuit.
PSIX · Regulation · Negative Investigation into overstated ability to capture data center demand and understated capacity issues.
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GlobeNewswire·100dRead more →