Solaris Energy Infrastructure has announced plans to offer $1 billion in senior notes due 2032 through its subsidiary, Solaris Energy Infrastructure LLC. The company intends to use the net proceeds for general corporate purposes, growth-related capital expenditures, and expenses associated with the offering. The transaction is subject to market conditions and customary closing requirements.
The notes will be fully and unconditionally guaranteed on a senior unsecured basis by Solaris Energy Infrastructure and the subsidiary’s existing and future subsidiaries that guarantee certain other indebtedness.
These guarantees will include subsidiaries that support the company’s revolving credit facility.
The proposed offering will be conducted as a private placement to eligible institutional investors under Rule 144A and certain non-U.S. investors under Regulation S.
The company has not yet announced the final interest rate, offering price, or other pricing terms associated with the transaction.
Solaris Energy Infrastructure provides power generation and infrastructure services across several major U.S. markets, including data centers, energy production, and commercial and industrial facilities.
Its services encompass power generation, electrical distribution, infrastructure installation and commissioning, aftermarket support, operations, and maintenance.
The Houston-based company develops and operates power infrastructure designed to meet the requirements of customers seeking reliable electricity supplies for energy-intensive operations.
Its activities include supplying power infrastructure for large-scale industrial facilities and data centers, where demand for reliable, high-capacity power generation continues to influence infrastructure investment.
The proposed $1 billion debt offering will provide Solaris with additional capital to support growth-related expenditures and other corporate funding requirements.
The financing represents another step in the company’s efforts to expand its power infrastructure operations and serve customers across multiple industrial and commercial markets.
