By Katherine Hamilton
Shares of Atlas Energy Solutions fell after the company entered into a master lease and funding agreement with Stonebriar Commercial Finance.
The stock fell 5% to $9.13 in after-hours trading Tuesday. Through the close, shares were down 57% this year.
Atlas's subsidiary Galt Power Solutions assigned a reservation agreement for the manufacture of about 240 megawatts of power generation equipment to Stonebriar. Stonebriar agreed to lease the power generation equipment back to Galt.
Stonebriar will make periodic advances up to $385 million and Galt will make monthly rental payments to Stonebriar.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
December 30, 2025 17:27 ET (22:27 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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