New Era Energy Surges 15.79% as TCDC JV Expands AI Campus, Adds 203-Acre Acquisition

New Era Energy surged 15.79% in pre-market trading on November 25, 2025, as investors reacted to strategic land acquisitions and infrastructure advancements by its Texas Critical Data Centers (TCDC) joint venture. The 50/50 partnership with Sharon AI secured a definitive agreement to expand its Odessa, Texas campus by 203 contiguous acres, bringing the total to 438 acres. This expansion aims to support a multi-gigawatt AI and high-performance computing campus capable of scaling beyond 1 GW, leveraging proximity to fiber networks, natural gas transmission lines, and CO₂ pipelines to streamline development timelines.

The acquisition strengthens New Era’s vertically integrated platform, which combines energy, cooling, and digital infrastructure to meet surging demand for AI workloads. The project emphasizes long-term recurring revenue through data-center leases, power sales, and partnerships with major AI operators. Engineering and planning for Phase 1 construction in 2026 are already underway, aligning with the company’s broader vision to position itself as a scalable provider of energy-efficient, environmentally responsible compute solutions.

New Era’s strategic focus on AI infrastructure aligns with its parallel 7-GW development in New Mexico, signaling a coordinated push to capitalize on the AI-driven economy. The expanded footprint is expected to accelerate job creation and technical services demand across the western U.S., reinforcing the company’s role in bridging energy and digital infrastructure gaps. CEO E. Will Gray II highlighted the move as a critical step toward delivering durable shareholder value through scalable, high-margin operations.

The stock’s pre-market spike reflects optimism around the project’s technical and economic scalability. With TCDC’s emphasis on carbon capture readiness and energy efficiency, the venture addresses both operational cost reductions and regulatory alignment in the energy transition. Investors may be pricing in the potential for recurring revenue streams and long-term partnerships with hyperscale operators, which could insulate the company from cyclical market pressures in the energy sector.

Backtesting assumptions suggest that event-driven strategies—such as those triggered by land acquisition announcements or infrastructure milestone updates—could yield strong short- to medium-term returns for New Era. Historical patterns indicate that similar expansions in AI-capable real estate often precede sustained outperformance, particularly when tied to vertically integrated power solutions. However, execution risks around interconnection studies, permitting delays, or tenant negotiations remain key variables to monitor.