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New Era Energy & Digital raises $64 million in private stock placement

New Era Energy & Digital signed a securities purchase agreement for a private placement of 23,272,727 shares at $2.75 per share, raising approximately $64 million gross proceeds to advance its Texas Critical Data Centers project.

Where
Texas
When
Oct. 29, 2026
Sources
Reported by 2 outlets

Taxes and money

The sources don't state an effect on taxes. They do state these figures.

  • Private placement gross proceedsUS$64 million1 2 Who pays or receives it: Investors (purchasers of stock)
  • Stock price per shareUS$2.751
  • Post-lease financing option under Macquarie facilityup to $200 million1

Does this affect you?

Coming up

  • Friday, October 30, 2026. Private placement expected to close1

Who's involved

  • New Era Energy & Digitalcompany conducting private placement
  • Charlie NelsonCEO of New Era

The facts

  • New Era Energy & Digital issued 23,272,727 shares of common stock at $2.75 per share.1
  • The company advances leasing negotiations for 757 MW across Phases 1 and 2 at Texas Critical Data Centers.1
  • TCDC Phase 1 has secured up to 207 MW of firm, contracted power under a 20-year power purchase agreement.1
  • Phase 1 power delivery is expected in the third quarter of 2027.1
  • Net proceeds will be used to repay recent Macquarie facility borrowings and for working capital.1

Who said what

These are statements and claims made by the people involved. They are reported, not verified.

  • Charlie Nelson, CEO of New Era Company executed capital raise to strengthen financial position and meet near-term financing needs.1
  • Charlie Nelson, CEO of New Era Following closing, the company will have a strong net cash position alongside existing Macquarie facility option.1

How they headlined it

The same event, as each outlet put it. Marked words appear in only one outlet's headline.

  • New Era Energy & Digital raises US$64M in private placement to advance Texas data center leasing

    Proactive financial news

  • New Era Energy & Digital raises $64M via private stock sale to fund Texas data center projects

    Pluang

Sources

Outlets: 2 not rated Who's covering Texas →

These outlets were found through Google News headlines. Google decides which outlets appear there, and they lean mostly one way, so this sheet can only be as balanced as the reporting it was built from. Leanings are AllSides Media Bias Ratings.

  1. New Era Energy & Digital raises US$64M in private placement to advance Texas data center leasing Proactive financial news Not rated, October 29, 2026
  2. New Era Energy & Digital raises $64M via private stock sale to fund Texas data center projects Pluang Not rated, October 29, 2026

This sheet was written by AI from the sources above and adds nothing they don't state. Read the originals for full context.

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Reported by 2 outletsFound via Google News

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Official record and 4 moreFound via Google News

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Reported by 4 outletsFound via Google News

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