New Era Energy & Digital Partners with Stream Data Centers for Flagship TCDC Campus (Business Wire press release republished by Nasdaq), April 1 2026

Original source: https://www.nasdaq.com/press-release/new-era-energy-digital-partners-stream-data-centers-flagship-tcdc-campus-2026-04-01

Source date: 2026-04-01
Retrieved: 2026-07-30T03:48:10Z
Source class: issuer material

What this source can establish

• New Era announced a non-binding letter of intent to form a joint venture for development and financing of TCDC with Stream Data Centers and an institutional investor.
• The announced LOI structure expected New Era to contribute site control/local relationships, the institutional investor to contribute equity capital and source debt, and Stream to provide development, leasing and operating capabilities.
• The release says Stream was expected to serve as development manager and operator for TCDC and describes phases of about 200MW utility-powered capacity, about 450MW on-site gas generation, and expansion to over 1GW.

What it cannot establish

• Because the release describes a non-binding LOI, it does not establish a definitive joint venture, enforceable Stream development/operator obligation, committed institutional equity, debt financing, or tenant lease.
• It does not establish actual delivery, construction, procurement, or funding draws beyond the announced expectations.

Limitations

• Issuer press release includes forward-looking statements and was republished by Nasdaq; direct BusinessWire extraction was unavailable but the Nasdaq page preserved the issuer-source text and source attribution.
• The unnamed Institutional Investor cannot be independently assessed from this source.