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Solaris Oilfield Infrastructure, Inc. to acquire Mobile Energy Rentals LLC; Renaming to Solaris Energy Infrastructure

PRIVATEJul 09, 2024

Acquiring Company

Solaris Oilfield Infrastructure

Acquired Company

Mobile Energy Rentals (MER)

HoustonHoustonEnergyOil And GasEnergyOil And GasRenewable Energy

Description

Solaris Oilfield Infrastructure, Inc. has entered into a definitive agreement to acquire Mobile Energy Rentals LLC for a purchase price of $200 million. This strategic acquisition will expand Solaris' mobile infrastructure solutions offering and provide access to new end-market opportunities, including oil and gas production, midstream and downstream activities, and various commercial & industrial applications.

Quick answer

Solaris Oilfield Infrastructure is acquiring Mobile Energy Rentals (MER), announced July 9, 2024. Solaris Oilfield Infrastructure is based in Houston, Texas, United States.

How much did Solaris Oilfield Infrastructure pay for Mobile Energy Rentals (MER)?
The deal value was not disclosed.
What does Solaris Oilfield Infrastructure do?
Solaris Oilfield Infrastructure, Inc. is a leading provider of mobile infrastructure solutions serving the energy, data center, and commercial & industrial end-markets.
Where are Solaris Oilfield Infrastructure and Mobile Energy Rentals (MER) based?
Solaris Oilfield Infrastructure is based in Houston, Texas, United States. Mobile Energy Rentals (MER) is based in Houston, Texas, United States.
Who are the decision-makers at Solaris Oilfield Infrastructure?
Fundz holds 1 contact at Solaris Oilfield Infrastructure. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Solaris Oilfield Infrastructure

Location

Houston, Texas, United States

About

Solaris Oilfield Infrastructure, Inc. is a leading provider of mobile infrastructure solutions serving the energy, data center, and commercial & industrial end-markets. It offers reliable and cost-effective power solutions, including all-electric and natural-gas powered mobile turbines, and ancillary equipment.

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Frequently asked

Who acquired Mobile Energy Rentals (MER)?

Mobile Energy Rentals (MER) was acquired by Solaris Oilfield Infrastructure, based in Houston. The deal was reported on July 9, 2024. Solaris Oilfield Infrastructure, Inc. is a leading provider of mobile infrastructure solutions serving the energy, data center, and commercial & industrial end-markets. Solaris Oilfield Infrastructure is privately held and operates in Energy.

When did Solaris Oilfield Infrastructure acquire Mobile Energy Rentals (MER)?

Solaris Oilfield Infrastructure's acquisition of Mobile Energy Rentals (MER) was reported on July 9, 2024. Solaris Oilfield Infrastructure, Inc. has entered into a definitive agreement to acquire Mobile Energy Rentals LLC for a purchase price of $200 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mobile Energy Rentals (MER) do?

Mobile Energy Rentals LLC (MER) is a premier provider of distributed power solutions serving the energy, data center, and commercial & industrial end-markets. It is privately held, operating in Energy, and is based in Houston.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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