New Era Energy & Digital, Inc. (NASDAQ:NUAI) ("NEED" or the "Company"), formerly, New Era Helium, Inc., today announced that Texas Critical Data Centers LLC ("TCDC"), its 50/50 joint venture with Sharon AI, Inc. ("Sharon AI") has signed a non-binding letter of intent with Mawgan Capital to deploy its proprietary Digital Zero Power™ ("DZP") solution for TCDC's planned Ector County Data Center Campus (the "Campus") in Texas.

Under the LOI, Mawgan Capital intends to finance and deliver a behind-the-meter natural gas–based generation system through its proprietary Digital Zero Power™ product, a comprehensive end-to-end supply chain decarbonization solution. The DZP™ platform leverages Irrefutable™ low carbon intensity gas certificates and carbon credits and is powered by Context Labs' Context AI™ Enterprise Carbon Management Platform, an advanced digital infrastructure that enables organizations to quantify and prove the carbon profile of their operations. This structure intends to ensure the Campus provides reliable, sustainable power with the goal of reducing our carbon footprint and further differentiating TCDC's operations from conventional Texas grid-connected data centers.

Construction and integration are expected to commence later this year, with full commissioning targeted over the next 18 months. Once operational, the solution is expected to serve as the energy backbone for TCDC's high-performance, AI-optimized compute campus, delivering resilient power and enhanced sustainability credentials.

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