Daily Market Updates: New Era Energy & Digital signs 20-year power deal for Texas AI data center

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At close · Thu, Oct 8, 2026

Earnings

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New Era Energy & Digital signs 20-year power deal for Texas AI data center

Reported · Written up by our desk · Guidance

New Era Energy & Digital has signed a 20-year power supply agreement with Vistra's Luminant to support a Texas data center project.

The deal covers up to 207 MW of power, according to MarketBeat Ratings.

The agreement is structured to bypass ERCOT's lengthy interconnection queue, which would otherwise delay grid access for new generation and load.

MarketBeat Ratings notes that New Era Energy & Digital currently has a Moderate Buy rating among analysts.

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Sources

MarketBeat RatingsPower Play: Vistra Powers New Era’s AI Data Center Deal

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