Earnings Releases·Nov 12, 2026, 6:35 AM ET

New Era Energy & Digital — Q3 2026 Earnings Summary

Completed a $64 million PIPE transaction to repay Macquarie borrowings, resulting in $187 million total cash holdings ($49 million unrestricted) and $20 million in fully collateralized debt as of October 31, 2026.
Power availability for TCDC Phase 1 is targeted for Q3 2027 with an initial ready-for-service date in Q4 2027, while advanced non-binding negotiations continue for lease documentation covering Phases 1 and 2.
Executed a 20-year PPA for 200–207 MW with Luminant/ET Services and filed air permit applications for Phase 2's 550 MW of new behind-the-meter generation in partnership with Thunderhead Energy Solutions.
Strategic focus remains on scaling the flagship Texas Critical Data Centers project to over 1GW capacity, utilizing a modular deployment model to serve AI training and inference workloads while minimizing transmission costs.
No specific revenue, earnings, or cash flow figures were disclosed for the quarter ended September 30, 2026, as the release served as a business update rather than a traditional financial report.