NUAI Secures 20-Year, 207 MW Power Purchase Agreement for Texas Data Center

New Era Energy & Digital (NUAI), through its subsidiary, has entered into a 20-year Power Purchase Agreement (PPA) with Luminant, an affiliate of Vistra Corp., to supply power for its Texas Critical Data Center project. The agreement ensures a long-term energy supply for the project's first phase and is accompanied by a Development Framework Agreement that establishes a strategic partnership with Vistra for future expansions.

Key Details

• Agreement: On September 18, 2026, NUAI's subsidiary entered into a 20-year PPA to secure a minimum of 200 MW and up to 207 MW of electric energy.
• Strategic Partnership: A related Development Framework Agreement grants Vistra a 5% non-voting equity interest in the project company upon power delivery, a right of first refusal on future onsite generation, and a right of first offer on other NUAI power projects.
• Financial Obligation: NUAI is required to provide credit support consisting of a $116 million letter of credit and up to an additional $82.8 million in security.