New Era Energy & Digital (NUAI)

New Era Energy & Digital, Inc. (Nasdaq: NUAI) is a publicly traded developer and operator of next-generation digital infrastructure and integrated power assets, headquartered in Midland, Texas. The company was originally incorporated as New Era Helium, Inc., an exploration and production company controlling over 137,000 acres of helium and natural gas reserves in Southeastern New Mexico's Permian Basin. On August 13, 2025, following a strategic pivot, the company rebranded and began trading under the new ticker NUAI to reflect its transformation into a vertically integrated energy and infrastructure platform targeting the surging demand for AI data center power.

The company's CEO, E. Will Gray II, was born and raised in the Permian Basin and built the company's vision around a thesis that the next great infrastructure buildout — AI data centers requiring gigawatts of reliable power — would be won by companies that owned both the land and the behind-the-meter power generation, rather than depending on constrained utility grids. New Era's strategy involves developing "powered land" and "powered shells" — large sites with integrated natural gas generation and planned nuclear capacity, delivered as turnkey solutions to hyperscale operators seeking to compress deployment timelines.

Key projects include: Texas Critical Data Centers (TCDC), a co-development joint venture with Primary Digital Infrastructure targeting a 1GW+ hyperscale campus in Ector County, Texas; and a 3,500-acre site in Lea County, New Mexico, announced in November 2025, planned for 2 GW of natural gas generation and 5+ GW of nuclear capacity, with initial power delivery targeted for 2028. New Era's underlying Permian Basin helium and gas assets provide a fuel supply advantage for its power generation strategy. The company is at an early stage of its infrastructure development program, and projects remain subject to final investment decision, technology selection, and regulatory approvals.

Publicly traded (Nasdaq: NUAI). Formerly New Era Helium, Inc. (Nasdaq: NEHC); rebranded August 13, 2025 to reflect strategic pivot from helium E&P to digital infrastructure and power. Controls 137,000+ acres of Permian Basin gas/helium assets in Southeastern New Mexico. Has not disclosed major VC funding rounds; primarily publicly funded. Has a joint venture, Texas Critical Data Centers (TCDC), co-developed with Primary Digital Infrastructure for a 1GW+ hyperscale campus. Also announced 7GW AI data center campus in Lea County, NM (Nov 2025).