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New Era Energy & Digital Secures Up to 207 MW of Power for TCDC Phase 1

PUBT·11/12/2026 11:59:44
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New Era Energy & Digital Secures Up to 207 MW of Power for TCDC Phase 1
  • New Era Energy & Digital signed a 20-year power purchase agreement with Luminant for 200–207 MW for TCDC Phase 1.
  • Power availability is expected in Q3 2027, with initial service targeted for Q4 2027.
  • Phase 1 lease negotiations are advanced under a non-binding letter of intent covering Phases 1 and 2 with the same prospective tenant.
  • A $64 million PIPE was completed to repay Macquarie borrowings funding power purchase agreement collateral and support TCDC development.
  • Cash totaled $187 million at October 31, 2026, comprising $49 million unrestricted and $138 million restricted.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Era Energy & Digital Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611120630PRIMZONEFULLFEED9875860) on November 12, 2026, and is solely responsible for the information contained therein.