Proactive - Interviews for investors

New Era Helium shifts focus to AI power needs with integrated energy strategy

Episode Summary

New Era Helium CEO Will Gray joined Steve Darling from Proactive to outline the company’s strategic shift toward maximizing the value of its helium and natural gas assets in the Permian Basin to support the rapidly growing AI-driven economy. The company is positioning itself as a key player in behind-the-meter power generation, leveraging its resources to fuel high-performance computing and AI data centers. The company confirmed it remains on track to meet key production milestones while exploring an integrated energy strategy. Since 95% of the world’s helium is found in association with natural gas, the company sees a unique opportunity to directly contribute to the AI industry’s expanding power needs. Rather than selling natural gas as a commodity, New Era plans to utilize its Pecos Slope Gas Field to generate up to 70 megawatts (MW) of electricity for at least 20 years, supporting the rising demand for AI computing power. As part of this transition, the company’s joint venture, Texas Critical Data Centers, has signed a non-binding letter of intent to acquire land in Texas for a planned 250MW net-zero AI and high-performance computing center. This move aligns with increasing domestic demand for helium in semiconductor manufacturing and AI applications, further accelerated by the CHIPS and Science Act. New Era Helium anticipates providing a formal update on its Pecos Slope processing plant soon, signaling further progress in its energy-focused strategy. #proactiveinvestors #neweraheliuminc #nasdaq #nehc #oil #gas #perimianbasin #HeliumProduction #DataCenters #CarbonCapture #AI #Semiconductors #EnergyInnovation #NaturalGas #TechGrowth #SustainableEnergy