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06.07.26 - 13:06
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Solaris Energy Infrastructure Acquires Leading Global Provider of Full Cycle Power Generation Operations, Maintenance, and Technical Solutions (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Solaris Energy Infrastructure, Inc. (NYSE:SEI) (“Solaris” or the “Company”), today announced the acquisition of Global Energy Services Alliance, Inc. (“GESA”), a full cycle power generation service provider. GESA was formed via the combination of Baseload Power, a U.S.-based provider of power generation aftermarket solutions, and Pro-Per Energy Services, a global provider of power plant installation, and operations and maintenance (“O&M”) services.
Transaction Highlights and Strategy
Strengthens and Scales In-House End-to-End Power Capabilities. Expands the Company's offerings to deliver full cycle power solutions, including front-end plant installation and commissioning services through long-term operations and life-of-asset repair and maintenance required to support a growing global generation asset base.
Deepens and Expands Technical Talent Bench. Baseload and Pro-Per bring decades of power operations, maintenance, installation and commissioning, and repair ex...
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13.05.26 - 15:27
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Solaris Energy Infrastructure Announces Completion of $2 Billion Financing and Expansion of Existing Power Contract (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Solaris Energy Infrastructure, Inc. (NYSE:SEI) (“Solaris” or the “Company”), today announced it has completed nearly $2 billion of financing transactions to support growth in the form of a new bond and revolving credit facility. The Company has also announced it has signed an amendment to expand an existing contract in size as well as enhanced balance of plant scope.
Key Updates
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.
Contract Upsize and Expansion. The Company has signed an amendment to expand its or...
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05.05.26 - 23:00
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Solaris Energy Infrastructure Announces Pricing of Offering of $1.3 Billion of 6.375% Senior Notes due 2031 (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Solaris Energy Infrastructure, Inc. (NYSE: SEI) (“Solaris” or the “Company”), today announced that Solaris Energy Infrastructure, LLC (the “Issuer”), a subsidiary of Solaris, has priced its offering (the “Offering”) of $1.3 billion aggregate principal amount of 6.375% Senior Notes due 2031 (the “Notes”). The Notes will mature on May 15, 2031 and will be issued at par. The Offering is expected to close on May 12, 2026, subject to customary closing conditions. The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Solaris and all of the Issuer's existing subsidiaries and future restricted subsidiaries that guarantee certain indebtedness of the Issuer or a subsidiary guarantor.
The Issuer intends to use the net proceeds from the Offering to repay certain of the Company's outstanding borrowings, to pay related fees and expenses and for general corporate purposes, including to fund growth capital expenditures.
The Notes have not bee...
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05.05.26 - 13:54
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Solaris Energy Infrastructure Announces Offering of $1.3 Billion of Senior Notes due 2031 (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Solaris Energy Infrastructure, Inc. (NYSE: SEI) (“Solaris” or the “Company”), today announced that Solaris Energy Infrastructure, LLC (the “Issuer”), a subsidiary of Solaris, intends, subject to market and other conditions, to offer (the “Offering”) for sale $1.3 billion aggregate principal amount of Senior Notes due 2031 (the “Notes”). The Issuer intends to use the net proceeds from the Offering to repay certain of the Company's outstanding borrowings, to pay related fees and expenses and for general corporate purposes, including to fund growth capital expenditures. The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Solaris and all of the Issuer's existing subsidiaries and future restricted subsidiaries that incur or guarantee certain indebtedness of the Issuer or a subsidiary guarantor.
The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or the securi...
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