Update: Atlas Energy Solutions Shares Rise After Securing AI Lab-Backed Equipment Purchase Agreements

03:18 PM EDT, 09/25/2026 (MT Newswires) -- (Updates with the company's latest stock move in the headline and in the first paragraph.) Atlas Energy Solutions (AESI) shares were up 14.9% in Friday trading after two indirect subsidiaries of the company signed separate cost-reimbursement agreements with a leading frontier AI lab, alongside equipment purchase agreements, to support specific data-center projects. The agreements cover long-lead-time equipment and incremental power generation. One agreement supports balance-of-plant equipment for Atlas' existing Caterpillar (CAT) generator orders, while the other supports an incremental 283 megawatts of Caterpillar power-generation equipment for the initial power ramp of a separate data-center project. Atlas also entered into a purchase agreement for 328 MW of generating capacity for delivery in 2027 under its Global Framework Agreement with Caterpillar. Price: 12.61, Change: +1.62, Percent Change: +14.70