NeoCapCompaniesValuationsScenariosMetrics
← New Era Energy & Digital
Wed, Apr 8, 2026

New Era Energy & Digital closes $290 million Macquarie project term loan for TCDC

Key points

  • Borrower Texas Critical Data Centers LLC; Term Loan A-1 $20M drawn at close, A-2 $30M, A-3 $40M, Delayed Draw $200M; rate SOFR+5.50% (A-1/A-2) or SOFR+7.75% (A-3/Delayed Draw)
  • Covenants require executing a data center lease/drawing >=$50M within 6 months