Solaris Energy Infrastructure Announces Completion of $2 Billion Financing and Expansion of Existing Power Contract
Key Updates
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Closed Approximately
$2 Billion of Growth Financing. The Company closed on its inaugural bond offering$1.3 billion senior, unsecured notes at a rate of 6.375%, which was used to retire higher-cost debt and resulted in approximately$800 million of net proceeds added to balance sheet. The Company also put in place a new$650 million credit facility. Proceeds from these new financings, combined with expected cash flow from operations, are expected to fully fund the Company’s current capital expenditure commitments.
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Contract Upsize and Expansion. The Company has signed an amendment to expand its original >500 MW contract signed in
February 2026 to provide an additional 130 MW and significantly enhanced balance of plant scope, which increases Solaris’ total contracted project investment by more than 60%. All other terms remain the same, including the contracted tenor of 10 years with a 5-year extension option.
CEO Commentary
About
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Examples of forward-looking statements include, but are not limited to, our business strategy, our industry, our future profitability, changes in tariffs, trade barriers, price and exchange controls and other regulatory requirements, and the impact of such policies on us, our customers and the global economic environment, the success of Stateline and associated transactions and its impact on the financial condition and results of operations of our Solaris Power Solutions segment, the anticipated growth of our power fleet and sources of financing thereafter, the volatility in global oil markets, expected capital expenditures and the impact of such expenditures on performance, management changes, current and potential future long-term contracts, our future business and financial performance and our results of operations, and the other risks discussed in Part I, Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the year ended
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Senior Vice President, Finance and Investor Relations
(281) 501-3070
IR@solaris-energy.com
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