---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-130762"
form_type: "8-K"
ticker: "SEI"
cik: "0001697500"
company_name: "Solaris Energy Infrastructure, Inc."
filed_at: "2025-05-29T23:59:59+00:00"
generated_at: "2026-05-20T05:55:53.068065+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Stateline Power (Solaris JV) secures up to $550M loan from Stonebriar for capex

## Summary
- Loan max $550M or 80% of equipment cost, used for capital expenditures.
- Two-phase structure: interim floating-rate advances convert to fixed-rate term notes.
- Covenants: FCCR >=1.35x and Leverage Ratio <=3.50x, tested from March 2027.
- Loan secured by Stateline's assets and 100% of its equity pledge.
- Remaining capital needs expected to be funded by member cash equity.

## SEC filing metadata
- accession: 0001193125-25-130762
- form_type: 8-K
- ticker: SEI
- cik: 0001697500
- company_name: Solaris Energy Infrastructure, Inc.
- filed_at: 2025-05-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1697500/000119312525130762/0001193125-25-130762-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1697500/000119312525130762/d87632d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-130762
- JSON: https://secwatch.observer/filing/0001193125-25-130762.json
- Plain text: https://secwatch.observer/filing/0001193125-25-130762.txt

## Key facts
- Debt Financings
  Solaris Energy Infrastructure, Inc. incurred credit facility of $550,000,000.00 with Stonebriar Commercial Finance LLC.
  - Instrument: credit facility
  - Principal: $550,000,000.00
  - Counterparty: Stonebriar Commercial Finance LLC
  - Event: incurrence
  source text: 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).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1697500/000119312525130762/0001193125-25-130762-index.htm

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