---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-176889"
form_type: "8-K"
ticker: "SEI"
cik: "0001697500"
company_name: "Solaris Energy Infrastructure, Inc."
filed_at: "2024-07-10T23:59:59+00:00"
generated_at: "2026-05-31T22:09:51.381109+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Solaris (SOI) agrees to acquire Mobile Energy Rentals for $200M; issues preliminary Q2 results

## Summary
- Purchase price $200M: $60M cash + $140M in Solaris Class B shares (~16.5M shares) to MER founders/management.
- MER's run-rate Adjusted EBITDA ~$50M; purchase multiple ~4.0x; fleet to grow from 153 MW to 478 MW by Q3 2025.
- Solaris secures $300M bridge loan from Santander, Texas Capital, Woodforest; expects <2.0x leverage at close.
- Pro forma: management + MER team own >50% of shares; MER founders own ~27%; dividend maintained at $0.48/yr.
- Preliminary Q2 2024: revenue $70-75M, Adjusted EBITDA $20-21M, net debt $11M; to rename to Solaris Energy Infrastructure (SEI).

## SEC filing metadata
- accession: 0001193125-24-176889
- form_type: 8-K
- ticker: SEI
- cik: 0001697500
- company_name: Solaris Energy Infrastructure, Inc.
- filed_at: 2024-07-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1697500/000119312524176889/0001193125-24-176889-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1697500/000119312524176889/d859401d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-176889
- JSON: https://secwatch.observer/filing/0001193125-24-176889.json
- Plain text: https://secwatch.observer/filing/0001193125-24-176889.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.