New Era Energy backs Texas data center oversight directive

New Era Energy & Digital, Inc. (Nasdaq: NUAI) announced its support for Texas Governor Greg Abbott's directive to strengthen oversight of data center development in the state, according to a company statement.

The directive calls for greater transparency around data center power and water requirements, infrastructure costs, ownership, and community impacts. It also reinforces that large-scale development should add energy solutions to Texas rather than shift infrastructure costs onto residents.

"New Era welcomes clearer and higher standards for the industry and is fully committed to working with the Governor, regulators, utilities, ERCOT and the local community to ensure the next generation of digital infrastructure is built the right way," said Charlie Nelson, Chairman and Chief Executive Officer of New Era. "Texans must come first."

The company said its Texas Critical Data Centers project is designed around dedicated energy infrastructure, including behind-the-meter generation, to reduce dependence on public-grid capacity. The project's design also prioritizes closed-loop liquid cooling and use of reclaimed water, with the company evaluating independent water and wastewater solutions.

New Era's flagship project is located on a 492-acre site in the Permian Basin, with anticipated capacity scaling to 1.4 gigawatts over time. The company said the project is expected to create jobs and contribute to the local tax base upon completion. New Era also stated it plans to support local library programs in Odessa and after-school childcare programs in the area.

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