New Era Energy rises after acquiring full ownership of Texas data center

New Era Energy & Digital

23/12/2025 15:19

** Shares of energy solutions provider New Era Energy & Digital NUAI.O up 3% at $4.40

** NUAI will gain full ownership of Texas Critical Data Centers through a deal to acquire the remaining 50% stake from Sharon AI for $70 million

** Co says deal structured across a combination of cash, equity and a senior-secured convertible promissory note

** Including session's moves, NUAI down 24.1% YTD

(Reporting by Dharna Bafna in Bengaluru)

((Dharna.bafna@thomsonreuters.com))