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New Era Helium Initiates Phase 1 of 250MW Data Center Project and Launches Related Website

1. NEHC updates on a joint venture for a net-zero data center. TCDC aims for 250MW in Texas.

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Why Bullish?

The establishment of TCDC represents strategic growth and diversification potential for NEHC, aligning with industry trends in renewable energy and data center demand, likely boosting investor confidence and stock value, similar to how earlier investments in energy-efficient technologies have positively impacted similar firms.

How important is it?

This information signals NEHC's innovation in aligning helium supply with technological growth sectors, which enhances its market positioning and potential for future profitability, thereby increasing overall investor interest.

Why Long Term?

The construction and operation of the data center will take time to materialize benefits, projecting financial impact over several quarters or years as the facility develops, akin to other successful tech-related energy ventures that realized long-term gains post-establishment.

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SHAIXLRNNILSY
MIDLAND, Texas--(BUSINESS WIRE)--New Era Helium, Inc. (Nasdaq: NEHC) (“NEH” or the “Company”), an exploration and production (E&P) company sourcing helium from natural gas reserves in the Permian Basin, today provided an update on Texas Critical Data Centers, LLC ("TCDC"), NEH's data center joint venture with Sharon AI, Inc. Established in 2024 TCDC aims to develop a 250MW net-zero AI and high-performance computing (HPC) facility in Ector County, Texas. Data Center Campus Due Diligence Comm.

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