{"id":928310,"date":"2026-01-16T21:03:03","date_gmt":"2026-01-17T02:03:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/new-era-energy-digital-closes-acquisition-of-remaining-50-of-tcdc-from-sharon-ai\/"},"modified":"2026-01-16T21:03:03","modified_gmt":"2026-01-17T02:03:03","slug":"new-era-energy-digital-closes-acquisition-of-remaining-50-of-tcdc-from-sharon-ai","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-era-energy-digital-closes-acquisition-of-remaining-50-of-tcdc-from-sharon-ai\/","title":{"rendered":"New Era Energy & Digital Closes Acquisition of Remaining 50% of TCDC from Sharon AI"},"content":{"rendered":"

<\/p>\n

New Era Energy & Digital Closes Acquisition of Remaining 50% of TCDC from Sharon AI<\/b><\/p>\n

MIDLAND, Texas–(BUSINESS WIRE<\/a>)–
\nNew Era Energy & Digital, Inc. (Nasdaq: NUAI) (\u201cNew Era\u201d or the \u201cCompany\u201d), a developer and operator of next-generation digital infrastructure and integrated power assets in the Permian Basin, today announced that it completed its acquisition of Sharon AI\u2019s (OTC: SHAZ) 50% ownership interest in Texas Critical Data Centers LLC (\u201cTCDC\u201d), previously announced on Dec. 23, 2025 (read here<\/a>.) Sharon AI will have no continuing ownership interest, governance rights, or control provisions with respect to the project.<\/p>\n

\nE. Will Gray II, CEO of New Era Energy & Digital, commented: \u201cWe appreciate the support of Sharon AI throughout the development phase of TCDC. Their partnership helped us move the project forward, and we are grateful for their collaboration. This buy-out agreement reflects a constructive outcome for both parties and positions TCDC for its next stage of development as we shift from planning to execution.\u201d<\/p>\n

Advisors<\/b><\/p>\n

\nVinson & Elkins L.L.P. served as legal counsel to New Era. Sheppard, Mullin, Richter & Hampton LLP served as legal counsel to Sharon AI.<\/p>\n

About New Era Energy & Digital, Inc.<\/b><\/p>\n

\nNew Era Energy & Digital, Inc. (Nasdaq: NUAI) is a developer and operator of next-generation digital infrastructure and integrated power assets. With a growing portfolio of strategically located, vertically integrated resources including powered land and powered shells, the Company delivers turnkey solutions that enable hyperscale, enterprise, and edge operators to accelerate data center deployment, optimize total cost of ownership, and future-proof its infrastructure investments. For more information, visit: www.newerainfra.ai<\/a>, and follow New Era Energy & Digital on LinkedIn<\/a> and X<\/a>.<\/p>\n

Cautionary Note Regarding Forward-Looking Statements<\/b><\/p>\n

\nThis press release contains \u201cforward-looking statements.\u201d Forward-looking statements reflect the current view about future events. When used in this press release, the words \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cfuture,\u201d \u201cintend,\u201d \u201cplan\u201d or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation: (a) our ability to effectively operate our business segments; (b) our ability to manage our research, development, expansion, growth and operating expenses; (c) our ability to evaluate and measure our business, prospects and performance metrics; (d) our ability to compete, directly and indirectly, and succeed in a highly competitive and evolving industry; (e) our ability to respond and adapt to changes in technology and customer behavior; (f) our ability to protect our intellectual property and to develop, maintain and enhance a strong brand; and (g) other factors (including the risks contained in the \u201cRisk Factors\u201d section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024). Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260116123656\/en\/<\/a><\/span><\/p>\n

\nNew Era Energy & Digital, Inc. Investor and Media Contact:
\n
Investor Relations
\n
Jonathan.Paterson@harbor-access.com
\n<\/a>
Tel +1 475 477 9401<\/p>\n

KEYWORDS:<\/b> Texas United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Utilities Oil\/Gas Energy Artificial Intelligence Data Management Engineering Technology Manufacturing<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

New Era Energy & Digital Closes Acquisition of Remaining 50% of TCDC from Sharon AI MIDLAND, Texas–(BUSINESS WIRE)– New Era Energy & Digital, Inc. (Nasdaq: NUAI) (\u201cNew Era\u201d or the \u201cCompany\u201d), a developer and operator of next-generation digital infrastructure and integrated power assets in the Permian Basin, today announced that it completed its acquisition of Sharon AI\u2019s (OTC: SHAZ) 50% ownership interest in Texas Critical Data Centers LLC (\u201cTCDC\u201d), previously announced on Dec. 23, 2025 (read here.) Sharon AI will have no continuing ownership interest, governance rights, or control provisions with respect to the project. E. Will Gray II, CEO of New Era Energy & Digital, commented: \u201cWe appreciate the support of Sharon AI throughout the development phase of TCDC. … <\/p>\n

Continue reading “New Era Energy & Digital Closes Acquisition of Remaining 50% of TCDC from Sharon AI”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-928310","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNew Era Energy & Digital Closes Acquisition of Remaining 50% of TCDC from Sharon AI - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-era-energy-digital-closes-acquisition-of-remaining-50-of-tcdc-from-sharon-ai\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Era Energy & Digital Closes Acquisition of Remaining 50% of TCDC from Sharon AI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New Era Energy & Digital Closes Acquisition of Remaining 50% of TCDC from Sharon AI MIDLAND, Texas–(BUSINESS WIRE)– New Era Energy & Digital, Inc. (Nasdaq: NUAI) (\u201cNew Era\u201d or the \u201cCompany\u201d), a developer and operator of next-generation digital infrastructure and integrated power assets in the Permian Basin, today announced that it completed its acquisition of Sharon AI\u2019s (OTC: SHAZ) 50% ownership interest in Texas Critical Data Centers LLC (\u201cTCDC\u201d), previously announced on Dec. 23, 2025 (read here.) Sharon AI will have no continuing ownership interest, governance rights, or control provisions with respect to the project. E. 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