# 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.

- Type: Acquisition
- Announced: 2024-07-09
- Where: United States
- Value: $200.0M
- Status: announced
- Products: distributed power solutions, mobile natural-gas powered turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Solaris Oilfield Infrastructure](https://endata.com/companies/78542.md) (acquirer)
- [Mobile Energy Rentals](https://endata.com/companies/78543.md) (target)

## Sources

- [realassets.ipe.com](https://realassets.ipe.com/news/solaris-enters-distributed-power-market-with-mobile-energy-rentals-purchase/10074577.article), 2024-07-10: "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."
- [finance.yahoo.com](https://finance.yahoo.com/news/solaris-acquire-mobile-energy-rentals-171400318.html), 2024-07-10: "Solaris Oilfield Infrastructure Inc. entered into an agreement to acquire Mobile Energy Rentals LLC for $200 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.