Solaris announces offering of $1 billion senior notes due 2032
The subsidiary intends to use net proceeds for general corporate purposes, growth capital expenditures, and related fees under Rule 144A and Regulation S.
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Power generation, distribution, and logistics solutions provider
solaris-energy.comLast updated
In short: Solaris raised guidance, completed nearly $2B in financing, acquired GESA and Omega, and expanded hyperscaler power contracts.
The subsidiary intends to use net proceeds for general corporate purposes, growth capital expenditures, and related fees under Rule 144A and Regulation S.
Revised Adjusted EBITDA ranges reflect stronger core service contributions and improved acquisition performance across the specified quarters.
The approximately $101 million transaction adds specialized engineering and heavy civil construction capabilities across data center and industrial markets.
Revenue increased 12% sequentially to $219 million, adjusted EBITDA rose 30% to $108 million, with expanded contracts and GESA acquisition.
Solaris Energy Infrastructure, Inc. (NYSE: SEI) (“Solaris”) today announced that Solaris Energy Infrastructure, LLC (the “Issuer”), a subsidiary of Solaris, has priced its offering (the...
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Shares of mobile power and logistics company Solaris Energy Infrastructure (NYSE:SEI) jumped 16.5% in the afternoon session after the company raised its Adjusted EBITDA guidance...
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