Atlas Energy Solutions Closes $424 Million Bridge Facility With Goldman Sachs, Barclays
Bitget2026/10/22 11:31- Atlas Energy Solutions closed a $424 million senior secured bridge facility from Goldman Sachs and Barclays, drawing $171 million at closing.
- The delayed draw term loan funds power generation and balance-of-plant equipment for two data center projects expecting first power in late 2027.
- Initial maturity is 180 days, extendable by 184 days subject to energy supply agreements, lender consent and other conditions.
- Interest accrues at Adjusted Term SOFR (or Adjusted Daily Simple SOFR) plus 2.5%, rising 0.5 percentage points six months after signing.
- Incremental commitments of up to $286 million may be requested, subject to lender consent and other conditions.
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