New Era Energy & Digital appoints Ted Warner as chief financial officer

New Era Energy & Digital (NASDAQ:NUAI) has announced the assignment of Ted Warner arsenic its main fiscal officer, bringing a superior markets enforcement with astir 2 decades of acquisition successful energy, power, and integer infrastructure to its enactment team.

Warner has held roles spanning concern banking and enforcement leadership. Most recently, helium led Northland Capital Markets’ Energy, Power and Digital Infrastructure practice. According to the company, since 2023, Northland has structured and sole managed much than $7 cardinal successful financing solutions for large-scale information halfway development.

He has besides participated successful financing and advisory transactions related to high-performance computing infrastructure. Earlier successful his career, Warner focused connected superior markets and advisory enactment successful upstream lipid and state and oilfield services, and helium served arsenic CFO of a backstage equity-backed oilfield services institution based successful Dallas.

Warner holds Series 7, 79, and 63 licenses, a Bachelor of Arts grade from the University of Michigan, Ann Arbor, and an MBA from the Carlson School of Management astatine the University of Minnesota.

E. Will Gray II, New Era CEO, said Warner’s acquisition structuring financing solutions for large-scale infrastructure projects aligns with the company’s strategy, including its improvement of Texas Critical Data Centers.

“Ted brings heavy superior markets expertise and a beardown way grounds structuring financing solutions for large-scale infrastructure development,” Gray said.

“We are excited to invited Ted to the squad and judge his relationships and execution capabilities volition beryllium instrumental arsenic we prosecute the superior partnerships needed to standard our platform.”

In transportation with his appointment, the company’s compensation committee approved inducement equity awards consisting of time-vesting restricted banal units (RSUs) covering astir 0.6 cardinal shares of communal banal and performance-vesting restricted banal units (PSUs) covering astir 1.2 cardinal shares.

The RSUs vest monthly implicit a four-year period, contingent connected continued employment. The PSUs are tied to show criteria during the play from January 1, 2026, done December 31, 2030, and besides see time-based vesting conditions implicit 4 years.

The PSU awards see components tied to entering into a commercialized statement with a hyperscaler, achieving fiscal closing related to a task successful Ector County, Texas, reaching commercialized cognition and a specified banal terms threshold, and completing a recognition installation with a fiscal instauration by June 30, 2026.

Shares of New Era were up astir 4.5% connected Tuesday morning.