Data · Datacenter Dynamics
New Era Energy & Digital, Inc. this week announced that it has entered into a non-binding letter of intent (LOI)
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Equity capital will be provided by an unnamed third-party sponsor and arranger of institutional capital.
Key facts
- The company is planning a modular deployment using its 25MW, 200,000 sq ft (18,580 sqm) Atom design, fabricated by RK Mission Critical
- Construction is set to start this year for a 2027/2028 launch
- Founded in 1999, Stream’s footprint extends across Texas, Illinois, Minnesota, Colorado, Ohio, Virginia, Iowa, Oklahoma, Georgia, Alabama, New York, and California
- The company first announced plans for a 90MW off-grid data center development outside Odessa in Ector County, Texas, back in 2024
Summary
Veteran data center developer Stream is set to partner with a natural gas firm to develop a large-scale campus in Texas. 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.