New Era Energy & Digital to acquire the remaining 50% stake in Texas Critical Data Centers from Sharon AI for $70m.

New Era Energy & Digital, a developer and operator of digital infrastructure and integrated power assets, agreed to acquire the remaining 50% stake in Texas Critical Data Centers, a joint venture between Sharon AI and New Era Energy & Digital, from Sharon AI, a cloud infrastructure company, for $70m. “This buyout was structured to minimize dilution while maximizing our operational flexibility. Full ownership allows us to align capital with development, accelerating the project's execution and creating stronger long-term value for NUAI shareholders. We appreciate our partnership with Sharon AI, which was instrumental in advancing the TCDC project to this stage. As the campus now moves from planning into execution, we believe a simplified ownership structure is the right next step," E. Will Gray II New Era Energy & Digital CEO.