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Atlas Energy Buys $840M in Power Assets from Caterpillar
Key Takeaways
- Atlas Energy Solutions is acquiring $840 million in power generation assets from Caterpillar
- Deal reflects surging demand for distributed on-site power from data centers and manufacturers
- Caterpillar monetizes appreciated assets while refocusing on equipment manufacturing
- Atlas Energy gains scale to serve hyperscalers and industrial customers unable to wait for grid upgrades
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DT Editorial Team··5 min read·via utilitydive.com