New Era Energy Secures 20-Year Power Agreement with Vistra

MIDLAND, Texas, September 21, 2026 -- New Era Energy & Digital, Inc. (Nasdaq: NUAI), a developer of next-generation digital infrastructure and integrated power assets, announced that its subsidiary, TCDC PowerCo LLC, has entered into a 20-year power purchase agreement with Luminant ET Services Company LLC, an affiliate of Vistra Corp. (NYSE: VST). Under the agreement, Luminant will supply a minimum of 200 MW and up to 207 MW of power for Phase 1 of New Era's Texas Critical Data Center project.

The power will be supplied from Vistra's 1,180-MW natural gas-fired generating facility in Odessa, Texas, located adjacent to the TCDC site. The contracted power is expected to be available in the third quarter of 2027. Concurrently, the companies entered into a development framework agreement providing Vistra a 5-percent non-voting interest in the Phase 1 project portion and a right of first refusal on future TCDC development opportunities.

Key Highlights

• Secured 20-year power purchase agreement for up to 207 MW for Phase 1 of the Texas Critical Data Center.
• Power sourced directly from Vistra's adjacent 1,180-MW natural gas-fired generating facility in Odessa, Texas.
• Power expected to be available to TCDC in Q3 2027.
• Development framework agreement establishes a long-term partnership and right of first refusal for future expansions.