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MIDLAND, Texas - New Era Energy & Digital, Inc. (NASDAQ:NUAI) announced Thursday that its joint venture with Sharon AI has formed a strategic partnership with EYP Mission Critical Facilities to advance engineering and design for an AI data center project in Ector County, Texas.
Texas Critical Data Centers LLC (TCDC), the 50/50 joint venture, will work with EYP MCF to develop the 438-acre site near Odessa. The partnership will focus on delivering full-site engineering and design services for the facility, which will initially include 400 MW of natural gas generation with potential expansion to 1 GW.
The project aims to establish the Permian Basin as an emerging hub for AI infrastructure. According to the company, the development will integrate high-density compute designs while targeting industry efficiency metrics, including optimized Power Usage Effectiveness (PUE).
"This partnership with EYP MCF is a key milestone in accelerating our flagship AI data center project in West Texas," said Will Gray, CEO of New Era Energy & Digital.
Kevin Sanders, Division Officer at EYP MCF, added that the firm will apply its knowledge to "engineer a resilient and efficient AI ecosystem" that leverages local natural gas resources.
The scope of work includes comprehensive site engineering, facility design, powered shell structures, and electrical systems connecting to both on-site power islands and the regional grid.
The vertically integrated model will offer hyperscale tenants flexible lease options and accelerated deployment timelines, according to the press release statement.
EYP MCF brings over 25 years of team experience in data center strategy, planning, and design, having delivered over 70 million square feet of critically powered space worldwide.
In other recent news, New Era Energy & Digital, Inc. has entered into a secured promissory note agreement involving a $4 million loan with individual shareholder Joel Solis and Aventus Properties LLC. The loan, bearing an 18% annual interest rate, is secured by a deed of trust on properties in Odessa and Pecos, Texas, and is set to mature on December 6, 2025. Additionally, the company announced the termination of its equity purchase facility agreement, effective October 24, 2025, citing sufficient capitalization and no plans to sell additional shares under the facility. New Era Energy & Digital has also withdrawn its preliminary proxy statement, which had proposed a significant increase in authorized shares. The company recently regained compliance with Nasdaq Global Market’s listing requirements, thereby canceling a previously scheduled hearing with the Nasdaq Hearings Panel. Furthermore, the company has commenced Phase Two engineering for its Texas Critical Data Centers project in West Texas, focusing on site planning and infrastructure integration. These developments indicate ongoing strategic adjustments and project advancements for New Era Energy & Digital.
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