Solaris Energy Infrastructure, Inc. (SEI): debt financing — Stateline Power (Solaris JV) secures up to $550M loan from Stonebriar for capex

On May 23, 2025, Stateline Power, LLC (“Stateline”), a joint venture between Solaris Power Solutions Stateline, LLC, a wholly owned subsidiary of Solaris Energy Infrastructure, Inc.’s (“Solaris”) operating subsidiary, Solaris Energy Infrastructure, LLC, and CTC Property LLC, entered into a loan and security agreement (the “Loan and Security Agreement”) with Stonebriar Commercial Finance LLC (“Stonebriar”), as initial lender and as administrative agent and collateral agent for the lenders party thereto, pursuant to which Stonebriar provided a loan in an aggregate maximum principal amount equal to the lesser of (a) $550,000,000.00 and (b) eighty percent of the total cost of the Equipment Collateral (as defined in the Loan and Security Agreement).