Power Play: Vistra Powers New Era’s AI Data Center Deal

Power Play: Vistra Powers New Era’s AI Data Center Deal

New Era Energy & Digital signed a 20-year, up-to-207-MW power deal with Vistra's Luminant to supply its Texas data center, bypassing ERCOT's lengthy interconnection queue.

New Era Energy & Digital Secures 20-Year, 207 MW PPA ...

New Era Energy surges after securing 20-year power deal with Vistra (NUAI:NASDAQ)

New Era Energy & Digital surges after saying it entered into a 20-year power purchase agreement with Vistra for supply of up to 207 MW of power for the Texas Critical Data Center project.

Vistra 207 MW New Era Deal: 5% Data Center Stake, $198.8m Collateral

The easy read of Monday's news is that Vistra landed another data centre customer. It did not, at least not in any way that moves Vistra's numbers. The 20-year, 207-megawatt supply deal with New Era Energy & Digital (NASDAQ: NUAI) is about 5% of the 3,809 MW Vistra already has under 20-year contracts with Amazon and Meta, and Vistra shares closed up just 0.08% on the day while New Era's jumped 30.5%. What is new is the structure: once power flow…

New Era signs 20-year PPA with Vistra for Texas data centre project

New Era Energy & Digital through its subsidiary, TCDC PowerCo, has entered into a 20-year PPA with Luminant, an affiliate of Vistra.

New Era Energy signs 207 MW Vistra PPA for Odessa site

New Era Energy & Digital, Inc. (NASDAQ: NUAI) said on Monday that it has contracted up to 207 megawatts of power for 20 years from an affiliate of Vistra Corp. (NYSE: VST) for the first phase of its Texas Critical Data Center near Odessa. Holding that power in its own name costs New Era a letter of credit of US$116 million, due within 15 business days of the Sept. 18 agreement. Shares closed at US$7.65 in New York on Monday, up 30.5 per cent fro…