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Stream DC to partner with New Era for gigawatt data center campus in Texas

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Veteran data center developer Stream is set to partner with a natural gas firm to develop a large-scale campus in Texas.

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New Era Energy & Digital, Inc. this week announced that it has entered into a non-binding letter of intent (LOI) to form a joint venture with Stream Data Centers for the development and financing of its Texas Critical Data Centers campus (TCDC) in West Texas. Equity capital will be provided by an unnamed third-party sponsor and arranger of institutional capital.

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