New Era Energy & Digital, Inc.

New Era Energy & Digital, Inc. (NASDAQ: NUAI) is a developer and operator of next-generation digital infrastructure and integrated power assets. The company's mission is to power and enable scalable, energy-resilient data centers supporting AI, high-performance computing (HPC), cloud, and enterprise workloads, delivering long-term value at the intersection of energy and innovation. Headquartered in Midland, Texas, the company focuses on leveraging the energy-rich Permian Basin.

New Era Energy & Digital provides turnkey solutions for hyperscale, enterprise, and edge operators, accelerating data center deployment and optimizing total cost of ownership. Their offerings include powered land and powered shells, integrating on-site natural gas-fired power generation with future optionality for renewables. The company's flagship project, Texas Critical Data Centers (TCDC), is a scalable AI and HPC campus in Ector County, Texas, designed to meet the surging demand for compute capacity and sustainable energy solutions.

In April 2026, New Era Energy & Digital announced the appointment of Andy Casazza as Chief Corporate Officer and secured funding for the development of its Ector County, Texas Data Center Campus. The company also closed a multi-tranche $290 million senior secured term loan credit facility with Macquarie Group to finance the TCDC project. However, the company has also faced recent challenges, including a class-action lawsuit filed in May 2026 alleging misleading statements regarding permitting and involvement in a fraudulent oil-and-gas scheme, which followed a short-seller report and a lawsuit by the New Mexico Attorney General in late 2025. The company's shares fell sharply following these disclosures. Will Gray serves as the Chairman and CEO.