Feb. 27 at 7:56 PM
$NEHC $GEV $NPWR $KMI $NSG $BKV Natgas to AI Joint Venture: New Era Helium, Inc. (Nasdaq: NEHC) and Sharon AI, Inc. formed Texas Critical Data Centers (TCDC) to build a 250MW net-zero energy AI/HPC data center.
Signed a Letter of Intent (LOI) to acquire 200 acres in Ector County, Texas, with GROW Odessa, an economic development group.
Plans to use carbon capture (CCUS) and natural gas for a net-zero energy data center, leveraging local CO2 and gas infrastructure.
Site near fiber optic cables, natural gas lines, and CO2 pipelines, ideal for scalable, energy-efficient AI infrastructure.
Includes a data center, natural gas power plant, and fiber connectivity, with the first phase expected online by late 2026.
Within 90 Days: Completion of due diligence and finalization of the 200-acre site purchase.
Q2 2025: Finalization of a natural gas supply contract with New Era Helium.
Progress in talks with potential offtake partners (e.g., hyperscalers like OpenAI, Oracle).