BUZZ - New Era Energy and Digital Company shares rise after reaching a power purchase agreement with Vistra

September 21 - ** The share price of artificial intelligence infrastructure developer New Era Energy & Digital Company (NUAI.O) rose nearly 21.5% in pre-market trading to $7.11

** NUAI said its subsidiary has signed a power purchase agreement with Luminant, a subsidiary of Vistra VST.N; VST shares rose 1.5%

** Luminant will supply New Era’s “Texas Critical Data Center” (TCDC) project in Texas with at least 200 MW and up to 207 MW of power for its first phase

** The initial term of the power purchase agreement is 20 years, after which it will automatically renew in one-year cycles

** The contractually agreed electricity is expected to be supplied to TCDC in the third quarter of 2027

** As of the previous close, the stock had gained 100% year-to-date

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