New Era Helium JV TCDC Provides Update on Its 250 MW AI Data Center Campus Development Site
MIDLAND, Texas–(BUSINESS WIRE)–New Era Helium, Inc. (Nasdaq: NEHC) (“NEH” or the “Company”), a next-gen exploration and production platform in the Permian Basin, today provided an update on the land acquisition for the 250MW AI and HPC data center campus planned by Texas Critical Data Centers LLC (“TCDC”), its joint venture with Sharon AI, Inc.
Due diligence, including the Phase 1 study, on the initial 235-acre site in Ector County has been completed and satisfied. The transaction remains on track, with closing expected on or before the end of the month.
TCDC continues to advance permitting and infrastructure planning as part of its mission to develop its compute campus in the Permian Basin. Additional updates will be provided when available.
About New Era Helium, Inc.
New Era Helium, Inc. is a next-gen exploration and production platform unlocking the full value of its Permian Basin assets. The Company controls over 137,000 acres in Southeast New Mexico, with more than 1.5 Bcf of proved and probable helium reserves sourced alongside natural gas production. Through its joint venture, Texas Critical Data Centers, LLC, NEHC is capturing multi-sector growth across helium, power, and data infrastructure. For more information, visit www.newerahelium.com. Follow New Era Helium on LinkedIn and X.
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