New Era Energy contracts up to 207 MW power for Texas data center, available Q3 2027

New Era Energy & Digital secured a 20-year power purchase agreement for up to 207 MW of firm power for its Texas Critical Data Centers Phase 1, with power expected by Q3 2027. The company is advancing lease negotiations and site preparations, emphasizing responsible development to minimize costs and environmental impact. Financially, New Era completed a $64 million private placement to strengthen its balance sheet and support development. Future phases plan to add more power generation, aiming for over 1GW capacity over time.

Following New Era Energy & Digital's announcement of a long-term power purchase agreement and financial strengthening, its stock price on Pluang is currently USD 2.27, down 2.58% as of Nov 12, 2026 18:41 WIB. The stock's market cap stands at $272.70 million, with a typical hold time of 4 days. Most Pluang investors are selling, with 79% of order activity as Sell and 21% as Buy.