New Era Names CFO Who Structured $7B in Data Center Financing
New Era Energy & Digital has appointed Ted Warner as CFO, who led Northland Capital Markets’ Energy, Power and Infrastructure practice and structured over $7 billion in financing since 2023. 0.6 million RSUs vest over four years and 1.2 million PSUs tie to data center, hyperscaler and credit facility milestones.
1. CFO Appointment and Background
New Era Energy & Digital has appointed Ted Warner as CFO. Warner led Northland Capital Markets’ Energy, Power and Infrastructure practice and brings nearly two decades of experience including structuring over $7 billion in financing for large-scale data center development since 2023.
2. Equity Awards and Vesting Conditions
The compensation committee approved inducement awards of 0.6 million RSUs vesting over four years and 1.2 million PSUs tied to milestones like hyperscaler commercial agreements, project financing closings in Ector County, Texas, and credit facility completion by mid-2026.
3. Strategic Implications for Capital Partnerships
Warner’s capital markets expertise aligns with New Era’s strategy to scale its Texas Critical Data Centers platform. His relationships and execution capabilities are expected to accelerate capital partnerships and support the company’s infrastructure development objectives.