New Era Energy & Digital rises on power purchase deal with Vistra
21/09/2026 12:54
BUZZ-New Era Energy & Digital rises on power purchase deal with Vistra ** Shares of AI infrastructure developer New Era Energy & Digital NUAI.O rise nearly 21.5% to $7.11 premarket
** NUAI says its unit signed power purchase deal with Vistra VST.N affiliate Luminant; VST gains 1.5%
** 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(TCDC) project in Texas
** The power purchase agreement has an initial 20-year term with automatic one-year renewal periods thereafter
** The contracted power is expected to be available to TCDC in Q3 2027
** Up until last close, stock up 100% YTD
(Reporting by Tyakshi Singh in Bengaluru)