NUAI SEC Filings and Business Updates
1/20/26
New Era Energy & Digital, Inc. (NASDAQ: NUAI)
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January 20, 2026
NUAI is a core holding in the SEQH Model Nuclear Fund, with a reaffirmed very bullish outlook after two transformative developments announced on January 16, 2026.
The company now has a clearer, de-risked path to creating multi-billion dollar value from its flagship Texas Critical Data Centers (TCDC) project, a planned 1+ GW hyperscale AI-focused data center campus in Ector County, Texas.
NUAI acquired the remaining 50% of TCDC from Sharon AI (OTC: SHAZ), moving to 100% ownership and strategic control.
The $70 million consideration (cash, equity, senior secured convertible note) implies a $140 million pre-development valuation for TCDC and marks a shift from planning to execution.
NUAI entered a co-development partnership with Primary Digital Infrastructure, which will act as lead capital partner and co-sponsor of the ~1+ GW TCDC campus.
Primary Digital’s team has a top-tier track record, including co-founding Digital Realty Trust and leading a $15 billion, 1.2 GW AI data center JV in Abilene, Texas with Crusoe Energy and Blue Owl Capital, backed by over $11.6 billion of secured financing.
NUAI’s story has evolved from speculative development to a de-risked execution platform with institutional backing and capital-markets expertise.
For a 1,000 MW campus, estimated construction cost is about $11.3 billion (1,000 MW × $11.3M/MW), and stabilized hyperscale AI data centers often trade at 15–25x EBITDA, indicating significant potential upside at scale.
Key upcoming value inflection points include: securing a hyperscale anchor tenant; arranging a multi-billion dollar project financing package led by Primary Digital; and progressing through construction and ramp-up to commercial operation.
Each milestone should reduce risk and unlock incremental value as the TCDC project advances toward stabilization.
SEQH’s bullish thesis rests on four pillars:
Transformative 1+ GW scale, placing TCDC among the largest planned U.S. data center campuses.
Institutional validation and de-risked execution from the Primary Digital partnership.
Strategic power advantage in the Permian Basin, with access to both grid and behind-the-meter power in a power-constrained world.
Asymmetric risk/reward, with NUAI’s current ~$231 million market cap not reflecting the multi-billion dollar potential of TCDC.
NUAI remains a high-conviction, core position in the Model Nuclear Fund, reflecting the central role of reliable, advantaged energy in enabling AI and digital infrastructure.
The fund holds 2,693 NUAI shares at a $2.97 average cost versus a $5.59 current price, totaling $15,067.34 in value, an approximate +88.38% gain and a 12.4% sector weight.
FULL REPORT AND FORECASTING UPDATES ATTACHED BELOW:
