Atlas Energy Solutions Inc. announced a definitive agreement to acquire Moser Energy Systems in a $220 million deal. The acquisition includes $180 million in cash and 1.7 million shares of Atlas common stock, with flexibility for Atlas to elect a full cash payment. Moser, a provider of distributed energy solutions, brings assets like natural gas-powered generators, a strong EBITDA margin exceeding 50%, and geographic diversification, particularly in the Permian Basin and other key U.S. oil and gas regions. The acquisition is expected to close by the end of the first quarter of 2025 and is projected to enhance Atlas’s cash flow, expand customer reach, and provide significant synergies in the energy sector.

Preliminary financial results for Atlas indicate robust revenue growth for 2024, with estimated annual revenue between $1.055 billion and $1.057 billion, up 72% from 2023. However, gross profit and adjusted EBITDA are expected to decline compared to the prior year, reflecting increased costs and operational investments. Atlas emphasized its focus on technology-driven efficiency and environmental responsibility, aligning with its long-term strategy to deliver shareholder value while addressing industry sustainability goals. A conference call on January 27, 2025, will provide further details on the acquisition and financial performance.