# Solaris Oilfield Infrastructure shareholders approve $200M MER acquisition

Solaris Oilfield Infrastructure shareholders have voted in favor of the $200 million acquisition of Mobile Energy Rentals LLC (MER), a provider of natural gas-powered mobile turbines and energy equipment. The deal marks Solaris' entry into distributed power infrastructure.

- Type: Acquisition
- Announced: 2024-09-04
- Where: Houston, Texas, United States
- Value: $200.0M
- Status: announced
- Capacity: 153 MW electricity generation, projected to grow to 478 MW by Q3 2025
- Products: natural gas-powered mobile turbines, ancillary energy equipment
- 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

- [rigzone.com](https://www.rigzone.com/news/solaris_oilfield_infrastructure_wins_shareholder_vote_on_200mm_acquisition-04-sep-2024-177989-article/), 2024-09-04: "We look forward to closing this transaction in the next couple of weeks, at which point we will begin our combined, complementary offering to our customers as 'Solaris Energy Infrastructure'."

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