Solaris Oilfield Infrastructure acquires Mobile Energy Rentals for $200 million

Solaris Oilfield Infrastructure has acquired Mobile Energy Rentals (MER) for $200 million, consisting of $60 million cash and 16.5 million shares. MER provides distributed power solutions for energy and commercial & industrial markets.

“MER's solutions complement our all-electric offering and provide access to new end-market opportunities, including oil and gas production, midstream and downstream activities as well as various C&I applications.”realassets.ipe.com

• 2 sources
• realassets.ipe.comSolaris enters distributed power market with Mobile Energy Rentals purchase | News | Real AssetsRazak Musah BabaJul 10, 2024
• finance.yahoo.comSolaris to Acquire Mobile Energy Rentals, Rename to Solaris Energy InfrastructureHart Energy StaffJul 10, 2024

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