New Era Energy & Digital raises $140 million for Texas data center project

Go back to New Era Energy & Digital raises $140 million for Texas data center project

New Era Energy & Digital Secures Funding for Development of its Ector County, Texas Data Center Campus, Including Exercise of Underwriters’ Option

April 14, 2026 4:12 PM EDT

Closing of the full exercise of $15 million underwriters option brings New Era a total of $115 million in equity funding pursuant to the previously announced public offering, the initial Macquarie credit facility provides funding of $20 million with potential future availability of an additional $270 million for TCDC development, and an additional $5 million in funding was provided via an equity investment from Macquarie

MIDLAND, Texas, April 14, 2026 (GLOBE NEWSWIRE) -- New Era Energy & Digital, Inc. (NASDAQ: NUAI) (New Era or the Company), a developer and operator of next-generation digital infrastructure and integrated power assets in the... More