Solaris completes $2 billion financing and expands power contract
The company issued $1.3 billion in notes and secured a $650 million credit facility, expanding a contract by 130 MW.
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Provider of power generation and distribution infrastructure
solaris-energy.comLast updated
In short: Solaris reported strong Q1 2026 growth, secured $2 billion in financing, and expanded its power contracts with global technology firms.
The company issued $1.3 billion in notes and secured a $650 million credit facility, expanding a contract by 130 MW.
The 6.375% notes due 2031 will be used to repay borrowings and fund growth capital expenditures.
Revenue rose 9% sequentially to $196 million, and the company signed a third long-term power contract with a global technology company.
The company closed two transactions to add new turbine capacity and secured a $300 million credit facility.
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