Core Viewpoint - New Era Energy & Digital, Inc. has successfully completed the acquisition of Sharon AI's 50% ownership interest in Texas Critical Data Centers LLC, marking a significant step in the company's development strategy for TCDC [1][2]. Group 1: Acquisition Details - The acquisition was previously announced on December 23, 2025, and Sharon AI will no longer have any ownership interest or governance rights in TCDC following this transaction [1]. - This buy-out agreement is described as a constructive outcome for both parties, facilitating TCDC's transition from planning to execution [2]. Group 2: Company Overview - New Era Energy & Digital, Inc. is focused on developing and operating next-generation digital infrastructure and integrated power assets, particularly in the Permian Basin [3]. - The company offers a growing portfolio of vertically integrated resources, including powered land and powered shells, aimed at enabling efficient data center deployment and optimizing total cost of ownership for hyperscale, enterprise, and edge operators [3].
New Era Energy & Digital Closes Acquisition of Remaining 50% of TCDC from Sharon AI
Businesswire·2026-01-17 02:00