Business
New Era Energy & Digital Announces Appointment of Ted Warner as Chief Financial Officer and Announces Grant of Employment Inducement Awards
MIDLAND, Texas--(BUSINESS WIRE)-- New Era Energy & Digital, Inc. (Nasdaq: NUAI) (“New Era” or the “Company”), a developer and operator of next-generation
About this update from New Era Energy & Digital, Inc.
[{"type":"text","content":" MIDLAND, Texas--(BUSINESS WIRE)--\nNew Era Energy & Digital, Inc. (Nasdaq: NUAI) (“New Era” or the “Company”), a developer and operator of next-generation digital infrastructure and integrated power assets in the Permian Basin, today announced the appointment of Ted Warner as Chief Financial Officer, effective March 16, 2026.\n\n\nMr. Warner brings nearly 20 years of experience across energy, power, and digital infrastructure capital markets, including investment banking and executive leadership roles. Most recently, Mr. Warner led Northland Capital Markets’ Energy, Power and Digital Infrastructure practice. Since 2023, Northland has structured and sole managed more than $7 billion in financing solutions for large-scale data center development, with a focus on bespoke and flexible capital structures for early-stage digital infrastructure platforms. Mr. Warner has also participated in billions of dollars of additional financing and advisory transactions related to HPC infrastructure across the capital stack.\n\n\nEarlier in his career, Mr. Warner focused on capital markets and advisory work in the traditional energy sector, particularly upstream oil and gas and oilfield services. He also served as Chief Financial Officer of a private equity-backed, multi-basin oilfield services company based in Dallas, Texas.\n\n\nMr. Warner holds Series 7, 79, and 63 licenses, a B.A. from the University of Michigan, Ann Arbor and an MBA from the Carlson School of Management at the University of Minnesota.\n\n\n“Ted brings deep capital markets expertise and a strong track record structuring financing solutions for large-scale infrastructure development,” said E. Will Gray II, Chief Executive Officer of New Era. “His recent experience advising on HPC and data center financing is highly relevant to our strategy as we advance the development of Texas Critical Data Centers. We are excited to welcome Ted to the team and believe his relationships and execution capabilities will be instrumental as we pursue the capital partnerships needed to scale our platform.”\n\n\nIn connection with Mr. Warner’s commencement of employment, the Company’s compensation committee of the Board of Directors approved two equity compensation grants to Mr. Warner as inducement material to his acceptance of employment in the form of time-vesting restricted stock units that re...