Earnings release
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NEWERA ENERGY & DIGITAL NEWS RELEASE New Era Energy & Digital Files Q2 2026 Form 10 - Q and Announces TCDC Construction Permits 2026-08-14 Construction Permits in hand , Air permit filing will support ~ 550MW at Phase 2 , expected to take combined TCDC Phase 1 and 2 capacity to ~ 757MW MIDLAND , Texas , Aug. 14 , 2026 ( GLOBE NEWSWIRE ) -- New Era Energy & Digital , Inc. ( Nasdaq : NUAI ) ( " New Era " or the " Company " ) , a developer of next - generation digital infrastructure and integrated power assets , today announced the filing of its Quarterly Report on Form 10 - Q for the quarter ended June 30 , 2026 , and confirmed that construction permits for Texas Critical Data Centers LLC ( " TCDC " ) are now in hand . Management will host a business update call on Monday , August 17 , 2026 at 5:00 p.m. Eastern Time . Registration and webcast details are included below . Second quarter reported results largely reflect the Company's legacy helium and natural gas assets , which management continues to evaluate for potential monetization or exit . " Having construction permits in hand is the milestone we've been working toward , and we believe it meaningfully reduces the development risk at the site , " said Charlie Nelson , Chairman and Chief Executive Officer of New Era . " The standard air permit filed by our Phase 2 power partner will support more capacity than we had previously contemplated , and would take TCDC Phases 1 and 2 to approximately 757MW combined on the same timeline . " " We are also in advanced negotiations for a power purchase agreement for Phase 1 in New Era's name . Holding that power ourselves is what would turn TCDC from a site with a power plan into powered land . I look forward to taking shareholders through the detail on Monday . " 1