NeoCapCompaniesValuationsScenariosMetrics
Log inSign up
← New Era Energy & Digital
Fri, Jan 16, 2026

New Era Energy & Digital acquires SharonAI's 50% stake in Texas Critical Data Centers

Source document ↗

Key points

  • TCDC becomes wholly-owned; consideration $10M cash + $10M equity + $50M convertible note; Primary Digital Infrastructure joins as co-development partner

Acquisition

SharonAI 50% interest in Texas Critical Data Centers, LLCCompleted

TCDC was previously a 50/50 joint venture between New Era Energy & Digital and SharonAI, Inc. developing the Ector County, TX AI data center campus.

  • $70M aggregate consideration: $10M cash + $10M equity (common stock) + $50M senior secured convertible note (10%, matured June 30, 2026, prepaid in full April 24, 2026); TCDC became wholly-owned; Primary Digital Infrastructure joined same day as co-development/co-sponsor partner