New Era Energy & Digital Supports Strengthened Oversight of Data Center Development in Texas

MIDLAND, Texas, Aug. 11, 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 its support for Texas Governor Greg Abbott’s directive to strengthen oversight of data center development in Texas.

The directive calls for greater transparency around data center power and water requirements, infrastructure costs, ownership and community impacts, and reinforces the principle that large-scale development should bring additional energy solutions to Texas rather than shift incremental cost and infrastructure burden onto Texas residents.

“New Era welcomes clearer and higher standards for the industry and is fully committed to working with the Governor, regulators, utilities, ERCOT and the local community to ensure the next generation of digital infrastructure is built the right way,” said Charlie Nelson, Chairman and Chief Executive Officer of New Era. “Texans must come first. For us, responsible development means paying our own way, protecting the grid and local water resources, and delivering lasting benefits for our neighbors; creating jobs, a strong tax base, and improving local communities.”

New Era’s development approach is built on:

• Supplementing Texas power. TCDC’s power strategy is designed around dedicated energy infrastructure, including behind-the-meter generation. This reduces dependence on constrained public-grid capacity while supporting the scale and reliability required by hyperscale customers.
• Protecting water resources by design. TCDC’s data center design prioritizes closed-loop liquid cooling and the use of reclaimed water. New Era is also evaluating multiple independent water and wastewater solutions designed to keep produced water in productive use.
• Investing in the communities that host us. TCDC is expected to create significant job, training and educational opportunities through construction and ongoing operations, and to be a meaningful contributor to the local rate and tax base once complete. New Era also intends to be a part of the community, not just an investor in it – committing ongoing support for local library programs in Odessa and an after-school childcare programs serving working families.
  

New Era believes the standards outlined in the Governor’s directive reflect the same principles on which TCDC was designed – supplementing Texas power, protecting the grid and local resources, and creating enduring value for the communities that host this infrastructure.

About New Era Energy & Digital, Inc.

New Era Energy & Digital is developing large-scale data centers across energy-rich U.S. markets to support AI training and inference workloads. New Era's flagship project, Texas Critical Data Centers, is a 492 acre site located in the Permian Basin, with anticipated capacity scaling to 1.4 GW over time. New Era's strategy is to combine large-acreage sites with flexible power solutions, including behind-the-meter power. New Era's approach is a modular, phased data center deployment model, utilizing best-in-class water efficiency and self-generated power to minimize community impact and accelerate time-to-power for hyperscale, enterprise and edge operators.

For more information, visit: www.newerainfra.ai and follow New Era Energy & Digital on LinkedIn and X.

Forward-Looking Statements

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For investor inquiries, please contact:

OG Advisory Group
Lincoln Tan
nuai@orangegroupadvisors.com