Core Insights - New Era Energy & Digital is progressing into Phase 2 of its Texas Critical Data Center project, with plans to scale the facility to one gigawatt and beyond [1][5] Group 1: Project Overview - The company currently owns 235 acres in Texas through a joint venture with SHARON AI, with an additional 203 acres under option to close within 90 days, totaling 438 acres once completed [1][4] - Phase 2 involves site clearing, environmental work, and design planning with an engineering partner to develop a potential powered shell data center, which is expected to provide a more constant revenue stream compared to powered land sales [2][6] Group 2: Location Advantages - The site is located in an attainment zone, allowing emissions of up to 250 tons per year, which facilitates a faster permitting process and supports larger-scale power delivery compared to non-attainment zones [3][9] - Construction is anticipated to begin in early 2026, marking a significant milestone for the company's expansion efforts [3][8] Group 3: Strategic Approach - The company is focusing on behind-the-meter power generation to control its energy supply and meet the massive demand for data centers [7] - The "powered shell" model is being considered to lease the facility to hyperscalers, providing a more consistent revenue stream [6]