Financing ·
Atlas Energy Solutions closes $424M senior secured delayed draw term loan facility, draws $171M to finance data center projects
AESIAtlas Energy Solutions Inc.
Atlas Energy Solutions Inc. closed a $424 million committed senior secured delayed draw term loan facility provided by Goldman Sachs Bank USA and Barclays. The company drew $171 million at closing to finance the purchase of power generation equipment for two data center projects, with first power expected in late 2027. The loan bears interest at Adjusted Term SOFR plus 2.50%, maturing in 180 days with an option to extend by 184 days upon satisfying certain conditions. Atlas may request incremental commitments of up to $286 million subject to lender consent. Atlas Energy Solutions Inc. is a leading energy solutions provider delivering power generation equipment and turnkey project execution for critical infrastructure.