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New Era Energy secures 20-year power deal for Texas data center project

Market News
21 Sep 2026
Proactive Investors
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Bullish
New Era Energy secures 20-year power deal for Texas data center project

New Era Energy & Digital has signed a 20-year power purchase agreement with Vistra Corp to supply electricity for the first phase of its Texas Critical Data Center. The deal covers 200 to 207 MW of power from Vistra's natural gas plant in Odessa, Texas, starting in Q3 2027. This long-term contract reduces development risk and supports expansion plans, with Vistra gaining a 5% non-voting interest in the project and rights on future developments. The agreement highlights growing demand for reliable power in U.S. digital infrastructure.

Following the announcement of Vistra's 20-year power deal with New Era Energy, Vistra Corp shares are trading at USD 140.35 on Pluang as of Sep 21, 2026 20:51 WIB, showing a slight 0.06% decline for the day. The company holds a market capitalization of $47.21 billion and offers a dividend yield of 0.65%. This stable trading reflects investor attention on Vistra's expanding role in U.S. energy infrastructure.

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