New Era Energy & Digital, Inc. announced the acquisition of 203 contiguous acres by its joint venture, Texas Critical Data Centers LLC (TCDC).
The purchase expands the TCDC campus to a total of 438 acres, enhancing its capacity for AI and HPC developments.
The expanded site near Odessa is strategically positioned for scalability and efficiency in meeting the rising demand for AI and next-generation compute.
Strategic Acquisition
Acquisition of 203 acres strengthens TCDC's capability for multi-phase, multi-gigawatt AI and HPC campus development.
Scalability and Demand
The enlarged site near Odessa provides long-term scalability to meet increasing demand for AI, GPU workloads, and next-gen compute.
Economic Strengthening
Strategic site location near major infrastructure enhances project economics and streamlines development timelines.
Environmental Focus
TCDC's development integrates advanced energy and cooling technologies with options for carbon capture and storage, aligning with environmentally responsible power solutions.
- The acquisition of additional acres accelerates TCDC's engineering and planning processes for Phase 1 construction in 2026.
- New Era's TCDC development aims to drive high-tech job creation, expand technical services demand, and anchor investment in the digital and energy infrastructure sector.
- The expanded footprint positions New Era to provide sustainable energy solutions for hyperscale AI operators, enhancing shareholder value in the long term.
The expansion of the TCDC campus marks a significant step towards New Era Energy & Digital's vision of integrating energy and compute for long-term value creation. The company's focus on delivering scalable, efficient, and environmentally responsible infrastructure sets the stage for sustained growth in the AI economy and digital landscape.