Solaris Energy Infrastructure announced the completion of nearly $2 billion in financing transactions to support the company’s continued growth in power generation and infrastructure projects. The company also disclosed an expansion of an existing long-term power contract, increasing the scale and scope of the project.
The financing package includes Solaris’ inaugural $1.3 billion senior unsecured bond offering carrying a 6.375% interest rate, along with a new $650 million revolving credit facility. According to the company, proceeds from the financings were used to retire higher-cost debt and are expected to contribute approximately $800 million of net proceeds to the balance sheet. Solaris said the financing, combined with expected operational cash flow, is expected to fully fund its current capital expenditure commitments.
Separately, Solaris Energy Infrastructure, Inc. announced it amended a previously disclosed power contract originally signed in February 2026. The revised agreement adds an additional 130 megawatts of capacity and significantly expands the balance-of-plant scope, increasing the company’s total contracted project investment by more than 60%. All other terms of the agreement remain unchanged, including the original 10-year contract duration and optional five-year extension period.
The company said approximately two-thirds of its current and on-order 3.1 gigawatts of capacity are now secured under long-term contracts, positioning Solaris to continue expanding its behind-the-meter power infrastructure platform.
Headquartered in Houston, Solaris Energy Infrastructure, Inc. provides power generation and distribution solutions, logistics equipment, and related services to customers across the data center, energy, commercial, and industrial sectors.
KEY QUOTES:
“With two-thirds of our 3.1 GW current and on-order capacity under long-term contracts, expanding balance of plant project scope and a strengthened balance sheet, the company is well-positioned to continue executing the growth runway we see for behind-the-meter power demand. Solaris has the contracts, the capital, and the track record to keep delivering for our customers while generating strong returns for our shareholders.”
Bill Zartler and Amanda Brock
