Atlas Energy Solutions Inc. (AESI) Q2 2026 Earnings Call Prepared Remarks Transcript

John Turner
President, CEO & Director

Hello, and welcome to Atlas Energy Solutions Operations Update for the second quarter of 2026. Today, we’ll cover our rapidly growing power business and share important progress in our sand logistics operation. Let me start with the milestone we’re especially proud of. Earlier this year, Atlas was contracted to build 120-megawatt power facility for an investment-grade technology infrastructure provider. Under power purchase agreement, Atlas is delivering turnkey construction of the facility. Once completed, we will own and operate the plant for the duration of the contract.

Atlas is giving this customer a significant advantage by delivering long-term power in stages. This allows them to start operations early before the campus is fully built. Then they can scale up on our plant as demand grows. We’ve already delivered Phase 1, allowing them to begin operational testing right away. We expect the full 120 megawatts to be operational by the end of the first quarter of 2027. It was a strong quarter across both of our businesses — the demand for distributed power has never been greater. Tim Ondrak, our SVP and President of Power, will now walk you through what we see across the markets for private power solutions.

Tim Ondrak
Senior VP & President of Power Business Unit

Thanks, John. The commercial opportunity set for permanent behind-the-meter power continues to expand rapidly. The demand for compute capacity is exploding with the evolution of AI. And with it, Atlas has seen urgency in our commercial negotiations rise. Over the past few months, we have seen the nature of the power deals we