AI Computing Powerhouse: New Era Helium Unveils 250MW Net-Zero Data Center Project (2025)

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New Era Helium (NASDAQ: NEHC) has initiated Phase 1 of its 250MW data center project through Texas Critical Data Centers (TCDC), a joint venture with Sharon AI. The project includes:

- Expansion of planned acquisition from 200 to 235 acres in Ector County, Texas, with property closing expected within 90 days
- Target to have initial 100MW online by December 2026, with remaining capacity within six months
- Development of a net-zero AI and high-performance computing facility powered by reciprocating natural gas engines with CO2 carbon capture
- Launch of project website at texascriticaldatacenters.com

TCDC is advancing critical components including lit fiber access, gas supply agreements, transmission line access, and power plant designs. The company is in formal discussions with potential customers and plans to sign an MOU with an engine provider soon. Additionally, NEH is evaluating opportunities to acquire more acreage for future expansion phases.

New Era Helium (NASDAQ: NEHC) ha avviato la Fase 1 del suo progetto di data center da 250MW tramite Texas Critical Data Centers (TCDC), una joint venture con Sharon AI. Il progetto prevede:

- Espansione dell'acquisizione pianificata da 200 a 235 acri nella contea di Ector, Texas, con la chiusura della proprietà prevista entro 90 giorni
- Obiettivo di mettere online i primi 100MW entro dicembre 2026, con la capacità rimanente entro sei mesi
- Sviluppo di una struttura AI a emissioni zero e calcolo ad alte prestazioni alimentata da motori a gas naturale alternati con cattura di CO2
- Lancio del sito web del progetto all'indirizzo texascriticaldatacenters.com

TCDC sta facendo progressi su componenti critici come l'accesso a fibra ottica attiva, accordi per la fornitura di gas, accesso alle linee di trasmissione e progettazione degli impianti di energia. L'azienda è in trattative formali con potenziali clienti e prevede di firmare presto un MOU con un fornitore di motori. Inoltre, NEH sta valutando opportunità per acquisire ulteriori terreni per future fasi di espansione.

New Era Helium (NASDAQ: NEHC) ha iniciado la Fase 1 de su proyecto de centro de datos de 250MW a través de Texas Critical Data Centers (TCDC), una empresa conjunta con Sharon AI. El proyecto incluye:

- Ampliación de la adquisición planificada de 200 a 235 acres en el condado de Ector, Texas, con cierre de propiedad esperado dentro de 90 días
- Objetivo de tener los primeros 100MW operativos para diciembre de 2026, con la capacidad restante en seis meses
- Desarrollo de una instalación de IA y computación de alto rendimiento con emisiones netas cero, alimentada por motores de gas natural alternativos con captura de CO2
- Lanzamiento del sitio web del proyecto en texascriticaldatacenters.com

TCDC está avanzando en componentes críticos como acceso a fibra óptica activa, acuerdos de suministro de gas, acceso a líneas de transmisión y diseño de plantas de energía. La compañía está en negociaciones formales con clientes potenciales y planea firmar pronto un MOU con un proveedor de motores. Además, NEH está evaluando oportunidades para adquirir más terrenos para futuras fases de expansión.

New Era Helium (NASDAQ: NEHC)는 Sharon AI와의 합작 투자인 Texas Critical Data Centers(TCDC)를 통해 250MW 데이터 센터 프로젝트 1단계를 시작했습니다. 프로젝트 내용은 다음과 같습니다:

- 텍사스 에터 카운티에서 계획된 부지 매입을 200에이커에서 235에이커로 확대하며, 부지 매매 완료는 90일 이내 예상
- 2026년 12월까지 초기 100MW 가동 목표, 나머지 용량은 6개월 내 완성
- CO2 탄소 포집 기능이 탑재된 왕복식 천연가스 엔진으로 구동되는 넷제로 AI 및 고성능 컴퓨팅 시설 개발
- 프로젝트 웹사이트 texascriticaldatacenters.com 개설

TCDC는 광섬유 접근, 가스 공급 계약, 송전선 접근, 발전소 설계 등 핵심 요소들을 진행 중입니다. 회사는 잠재 고객과 공식 협상 중이며, 곧 엔진 공급업체와 양해각서(MOU)를 체결할 계획입니다. 또한 NEH는 향후 확장 단계를 위해 추가 부지 매입 기회도 검토하고 있습니다.

New Era Helium (NASDAQ : NEHC) a lancé la phase 1 de son projet de centre de données de 250MW via Texas Critical Data Centers (TCDC), une coentreprise avec Sharon AI. Le projet comprend :

- Extension de l'acquisition prévue de 200 à 235 acres dans le comté d'Ector, Texas, avec une clôture de propriété attendue dans les 90 jours
- Objectif de mettre en service les 100 premiers MW d'ici décembre 2026, le reste de la capacité dans les six mois suivants
- Développement d'une installation d'IA et de calcul haute performance à émission nette zéro, alimentée par des moteurs à gaz naturel à piston avec capture de CO2
- Lancement du site web du projet à l'adresse texascriticaldatacenters.com

TCDC fait avancer des éléments clés tels que l'accès à la fibre optique active, les accords d'approvisionnement en gaz, l'accès aux lignes de transmission et la conception des centrales électriques. La société est en discussions formelles avec des clients potentiels et prévoit de signer prochainement un protocole d'accord (MOU) avec un fournisseur de moteurs. Par ailleurs, NEH évalue des opportunités pour acquérir davantage de terrains en vue de phases d'expansion futures.

New Era Helium (NASDAQ: NEHC) hat die Phase 1 seines 250MW-Rechenzentrumsprojekts über Texas Critical Data Centers (TCDC), ein Joint Venture mit Sharon AI, gestartet. Das Projekt umfasst:

- Erweiterung der geplanten Grundstücksakquise von 200 auf 235 Acres im Ector County, Texas, mit einem geplanten Abschluss innerhalb von 90 Tagen
- Ziel, die ersten 100MW bis Dezember 2026 online zu haben, der Rest der Kapazität innerhalb von sechs Monaten
- Entwicklung einer klimaneutralen KI- und Hochleistungsrechenanlage, betrieben von Hubkolben-Gasmotoren mit CO2-Abscheidung
- Start der Projektwebsite unter texascriticaldatacenters.com

TCDC arbeitet an wichtigen Komponenten wie aktivem Glasfaserzugang, Gaslieferverträgen, Zugang zu Übertragungsleitungen und Kraftwerksdesigns. Das Unternehmen befindet sich in formellen Gesprächen mit potenziellen Kunden und plant bald die Unterzeichnung eines Absichtserklärungsvertrags (MOU) mit einem Motorenlieferanten. Zudem prüft NEH Möglichkeiten zur Erweiterung durch den Erwerb weiterer Grundstücke für zukünftige Ausbauphasen.

Positive

  • Expansion of land acquisition from 200 to 235 acres, indicating project growth
  • Clear timeline for 250MW data center completion by mid-2027
  • Advanced discussions with potential customers already underway
  • Net-zero facility design aligns with environmental standards

Negative

  • Long development timeline with first operations not starting until December 2026
  • Property acquisition not yet finalized
  • MOU with engine provider still pending
  • Significant capital investment required for infrastructure development

Insights

New Era Helium's data center joint venture is progressing through critical pre-development phases with several meaningful milestones. The expanded 235-acre acquisition (up from 200 acres) signals greater scale potential, while the 90-day closing timeline creates a concrete near-term catalyst. However, investors should recognize the extended timeline to revenue generation with operations not targeted until December 2026.

The joint venture's approach combines several strategic elements: utilizing natural gas engines with carbon capture technology, securing fiber connectivity, and finalizing gas supply agreements. These create vertical integration advantages but also execution complexity. The company is wisely advancing discussions with multiple engine providers and potential customers simultaneously.

From an infrastructure investment perspective, the 250MW capacity represents a substantial asset in the AI computing sector where power access has become a crucial constraint. While the project website launch indicates organizational progress, the multi-year development timeline introduces significant execution risk before any meaningful revenue materialization. With many technical pieces still requiring finalization, including power plant design and gas transmission access, investors should view this as a long-term strategic initiative rather than a near-term financial catalyst.

MIDLAND, Texas--(BUSINESS WIRE)--New Era Helium, Inc. (Nasdaq: NEHC) (“NEH” or the “Company”), an exploration and production (E&P) company sourcing helium from natural gas reserves in the Permian Basin, today provided an update on Texas Critical Data Centers, LLC ("TCDC"), NEH’s data center joint venture with Sharon AI, Inc. Established in 2024 TCDC aims to develop a 250MW net-zero AI and high-performance computing (HPC) facility in Ector County, Texas.

Data Center Campus Due Diligence Commenced; Property Closing Expected Within 90 Days

The Company is pleased to confirm that certain closing requirements have commenced on the site. The initial 200-acre acquisition planned by TCDC has expanded to 235 acres by the seller, Grow Odessa. TCDC intends to close on the acquisition within the next 90 days, marking a critical milestone toward construction and commercialization. Along with the closing of the planned data center campus acreage, TCDC is simultaneously advancing other critical components of the company’s phase one criteria. These include lit fiber access, finalization of various gas supply agreements, gas transmission line access, specific power plant designs utilizing reciprocating natural gas engines combined with CO2 carbon capture, along with several additional infrastructure and operational items that the Company expects will support the data center.

Initial 100MW Online Target Set for December 2026

Formal discussions are currently underway with several potential customers as part of the TCDC’s go-to-market strategy. The joint venture is targeting the majority of the intended 250 megawatts (MW) of power to be operational by December 2026, with the remaining capacity to come online within six months. The facility’s power structure will be anchored by reciprocating natural gas engines (“recips”). TCDC has held extensive conversations with multiple engine providers and intends to enter into a memorandum of understanding (MOU) with one of these providers within the near future.

Project Website Now Live

As part of the initiative, TCDC has officially launched its new website at www.texascriticaldatacenters.com, providing information on the project’s mission, design strategy, and broader market relevance. The website will serve as a central hub for project updates, and communications.

Strategic Growth in Progress

While the Company is excited to share its near-term development milestones, NEH and its partners are actively evaluating opportunities to acquire additional acreage in proximity to the current site. These strategic efforts aim to support future phases of expansion while maintaining a competitive edge in the emerging AI infrastructure space.

E. Will Gray II, CEO of New Era Helium, Inc. commented: “Our strategic vision has always been centered around enabling critical infrastructure through reliable, scalable energy solutions. With the first phase of the data center development project now underway and a clear path to activation in 2026, we are taking significant steps toward building an energy-integrated platform that supports the future of AI, HPC, and semiconductor innovation. The launch of a dedicated project website reflects this next phase of execution and provides as an information hub about this exciting project.”

About New Era Helium, Inc.

New Era Helium, Inc. is an exploration and production company that sources helium produced in association with the production of natural gas reserves in North America. The company currently owns and operates over 137,000 acres in Southeast New Mexico and has over 1.5 billion cubic feet of proved and probable helium reserves. For more information, visit www.newerahelium.com. Follow New Era Helium on LinkedIn and X.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements.” Forward-looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan” 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 “Risk Factors” 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.

AI Computing Powerhouse: New Era Helium Unveils 250MW Net-Zero Data Center Project (1)

View source version on businesswire.com: https://www.businesswire.com/news/home/20250416079296/en/

Investor and Media Contact:
Investor Relations
Jonathan.Paterson@harbor-access.com
Tel +1 475 477 9401

Source: New Era Helium, Inc.

FAQ

When will New Era Helium's (NEHC) 250MW data center be fully operational?

The majority of the 250MW capacity is targeted to be operational by December 2026, with the remaining capacity coming online within six months after that.

How many acres is NEHC acquiring for its Texas data center project?

The project has expanded from initially planned 200 acres to 235 acres in Ector County, Texas, with closing expected within 90 days.

What type of power infrastructure will NEHC use in its data center?

The facility will be powered by reciprocating natural gas engines with CO2 carbon capture technology for net-zero operations.

What is the timeline for NEHC's data center property acquisition closing?

TCDC intends to close on the 235-acre property acquisition within 90 days from the announcement.

AI Computing Powerhouse: New Era Helium Unveils 250MW Net-Zero Data Center Project (2025)

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