New Era Energy & Digital Acquires Remaining 50% Stake in Texas Critical Data Centers

Reuters01-17
New Era Energy & Digital Acquires Remaining 50% Stake in Texas Critical Data Centers

New Era Energy & Digital has completed the acquisition of Sharon AI's 50% ownership interest in Texas Critical Data Centers LLC (TCDC), resulting in full ownership of the project. Sharon AI will no longer hold any ownership, governance rights, or control over TCDC. This development follows a previously announced agreement and marks TCDC’s transition from planning to the execution phase. New Era Energy & Digital’s CEO, E. Will Gray II, expressed appreciation for Sharon AI’s support during the development phase and described the buy-out as a constructive outcome for both parties. Vinson & Elkins L.L.P. advised New Era Energy & Digital, while Sheppard, Mullin, Richter & Hampton LLP advised Sharon AI.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Era Energy & Digital Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260116123656) on January 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment