New Era Energy & Digital completed the acquisition of 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, completed the acquisition of 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. “We appreciate the support of Sharon AI throughout the development phase of TCDC. Their partnership helped us move the project forward, and we are grateful for their collaboration. This buy-out agreement reflects a constructive outcome for both parties and positions TCDC for its next stage of development as we shift from planning to execution,” E. Will Gray II New Era Energy & Digital CEO.