Business UpdateAug 11, 2026, 12:35 PM
New Era Energy & Digital Backs Texas Data Center Oversight
AI Summary
New Era Energy & Digital announced its support for Texas Governor Greg Abbott's directive to strengthen oversight of data center development. The company emphasized its commitment to responsible development, focusing on supplementing Texas power, protecting water resources, and investing in local communities. New Era's approach aligns with the directive's principles, aiming to bring additional energy solutions and lasting benefits to Texas residents.
Key Highlights
- Supports Texas Governor's directive for stronger data center oversight and transparency.
- Commits to working with regulators, utilities, ERCOT, and local communities for responsible development.
- Development strategy includes dedicated energy infrastructure and behind-the-meter generation.
- Prioritizes water protection through closed-loop liquid cooling and reclaimed water use.
- Expected to create jobs, training, and educational opportunities in host communities.
- Plans to contribute to local tax base and support library/childcare programs.
- Flagship Texas Critical Data Centers (TCDC) anticipates scaling to 1.4 GW capacity.
Price Impact
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