# Site Preparation Underway at New Era’s Texas Data Center Project By John Kim Canonical URL: https://www.tokenpost.com/news/business/55998 Published: 2026-11-12T22:46:17.000Z Updated: 2026-11-12T22:46:17.000Z Section: Business > Phase 1 power availability is expected in Q3 2027, with initial ready-for-service targeted for Q4 2027. Site preparation is underway at New Era Energy & Digital, Inc.’s Texas Critical Data Centers project. A nonbinding letter of intent covers the same prospective tenant for Phases 1 and 2. Phase 1 has a 20-year [power purchase agreement]() with Luminant, a Vistra affiliate, for at least 200 megawatts and as much as 207 megawatts of firm power. Work to prepare the site has begun. New Era owns 493 acres for the project and has another 99 acres under contract. The company targets initial ready-for-service in Q4 2027. ## Links in this article - [power purchase agreement](https://www.tokenpost.com/news/business/55611)