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Yesterday, New Period Helium Inc. (NEHC), a helium exploration and manufacturing firm with operations within the Permian Basin, introduced the launch of Section 1 of its 250-megawatt net-zero information heart mission in Ector County, Texas. New Period Helium presently operates over 137,000 acres in Southeast New Mexico and holds greater than 1.5 billion cubic ft of proved and possible helium reserves. Its information heart mission is being superior via Texas Essential Knowledge Facilities, LLC (TCDC), a three way partnership between NEHC and Sharon AI, Inc below which NEHC will provide pure gasoline from its Pecos Slope Discipline to gas on-site energy for the information heart. TCDC has begun due diligence on the location, with a closing anticipated inside 90 days. Initially set at 200 acres, the deliberate acquisition has expanded to 235 acres with vendor Develop Odessa. TCDC can be engaged on a number of key infrastructure necessities for Section 1, together with:
The aim is to have 100MW of the ability on-line by December 2026, with the rest to comply with inside six months. The ability's energy supply will depend on reciprocating pure gasoline engines and discussions are underway with a number of engine suppliers, with an MOU anticipated within the close to time period. As a part of its go-to-market technique, TCDC has additionally launched a brand new web site— http://www.texascriticaldatacenters.com—to function a hub for mission updates and knowledge. NEHC is actively evaluating close by acreage for potential future growth, aiming to remain aggressive within the quickly rising AI and HPC infrastructure area. CEO E. Will Grey II said, “With the primary part of the information heart improvement mission now underway and a transparent path to activation in 2026, we’re taking important steps towards constructing an energy-integrated platform that helps the way forward for AI, HPC, and semiconductor innovation.” Full information right here: https://www.newerahelium.com/information/new-era-helium-initiates-phase-1-of-250mw-data-center-project-and-launches-related-website Posted on behalf of New Period Helium Corp. submitted by /u/dedusitdl to r/Wallstreetbetsnew |