Jan 27 (Reuters) - Oilfield services firm Atlas Energy

Solutions ( AESI ) said on Monday it will acquire privately

owned Moser Energy Systems in a cash-and-stock deal worth $220

million.

The deal, comprising $180 million in cash and approximately

1.7 million shares of Atlas common stock, is expected to close

before the end of the first quarter of 2025 and be immediately

accretive.

The transaction is expected to expand Atlas' customer

base and strengthen its core operations in the Permian Basin by

adding a vital power service offering, the company said.

The acquired assets would generate $40 million to $45

million in adjusted core earnings in 2025, Atlas said.

Moser Energy Systems provides energy solutions for oilfield

services, commercial, industrial, and military applications.

The company's services includes development of oilfield

generator systems utilizing unprocessed natural gas to reduce

flaring.

Austin, Texas-based Atlas Energy, which debuted on the U.S.

stock market in early 2023 with a valuation of $1.75 billion,

now has a market cap of $2.64 billion as of its last close.