Atlas Energy Solutions Closes $424 Million Bridge Facility for Data Center Projects

Atlas Energy Solutions Inc. (Atlas; NYSE: AESI) closed a committed $424 million senior secured bridge facility on Oct. 22 to finance equipment purchases for two data center projects, including power-generation infrastructure.

Goldman Sachs and Barclays provided the facility. Atlas had drawn $171 million at closing; $424 million is the total commitment.

Separately, Atlas previously agreed to about $613.5 million in equipment purchases for a power-generation project associated with a leading frontier AI lab, as detailed in its previously announced AI power deals.