New Era Energy & Digital shares rose 30.38% to $7.645 on Monday after its subsidiary signed a 20-year power purchase agreement with Luminant ET Services Company, a Vistra affiliate, for the first phase of the Texas Critical Data Center. The contract covers at least 200 megawatts and up to 207 MW, with power deliveries expected to begin in the third quarter of 2027. Electricity will come from Vistra’s 1,180-MW natural gas-fired facility in Odessa, Texas, next to New Era’s 493-acre Permian Basin site. The agreement has an initial 20-year term followed by automatic one-year renewals. New Era has secured the land and construction permits, while the broader project could eventually reach 1.4 gigawatts and support artificial-intelligence training and inference workloads. A separate development framework gives Vistra a 5% non-voting interest in the portion of the data center it supplies, a right of first refusal on future Texas-site opportunities and a right of first offer on certain other New Era projects. The deal followed earlier share volatility, including a 22% gain on Sept. 8 and a prior-session close of $5.86.