---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-117930"
form_type: "8-K"
ticker: "SEI"
cik: "0001697500"
company_name: "Solaris Energy Infrastructure, Inc."
filed_at: "2026-03-20T23:59:59+00:00"
generated_at: "2026-05-15T09:30:09.643718+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Solaris Energy acquires Focus Genco for $81M cash + 4.18M shares; adds $300M term loan and 500MW turbine slots

## Summary
- Acquired 100% of Focus Genco Cayman Ltd. for ~$81M cash and 4,182,772 shares of SEI common stock; closed March 16, 2026.
- Entered $300M senior secured term loan with Goldman Sachs (matures March 15, 2027) for working capital and general corporate purposes.
- Entered $148.6M term loan (Stonebriar, matures April 1, 2032) secured by equipment acquired in the transaction.
- Assumed Turbine Purchase Agreement (Baker Hughes) for 30 gas turbine slots providing ~500 MW capacity from early 2027 thru 2029.
- Terminated existing ABL credit facility (Bank of America) with no outstanding borrowings as of termination.

## SEC filing metadata
- accession: 0001193125-26-117930
- form_type: 8-K
- ticker: SEI
- cik: 0001697500
- company_name: Solaris Energy Infrastructure, Inc.
- filed_at: 2026-03-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1697500/000119312526117930/0001193125-26-117930-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1697500/000119312526117930/d69360d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-117930
- JSON: https://secwatch.observer/filing/0001193125-26-117930.json
- Plain text: https://secwatch.observer/filing/0001193125-26-117930.txt

## Source-grounded claims
- claim_id: 8fb4ca14a497ae68e7519a5a2a100904bcfe679a
  claim: Solaris Energy Infrastructure, Inc. incurred term loan of $300 million with Goldman Sachs Bank USA at Term SOFR plus 3.00% or the Base Rate plus 2.00%.
  evidence_excerpt: the lenders provided term loans in an aggregate original principal amount of $300 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1697500/000119312526117930/0001193125-26-117930-index.htm
- claim_id: 5b9a99d41c0c22a19a08c636c672c6034796b1df
  claim: Solaris Energy Infrastructure, Inc. completed an acquisition involving Focus Genco Cayman Ltd. for 4,182,772 shares of Class A common stock and approximately $81 million in cash (closed 2026-03-16).
  evidence_excerpt: Pursuant to the Purchase Agreement, the Buyer acquired 100% of the issued and outstanding ordinary shares of Genco from the Sellers in exchange for (i) 4,182,772 shares of Class A common stock, par value $0.01 per share (the “ Common Stock ”) of the Company (the “ Equity Consideration ”), and (ii) approximately $81 million in cash, subject to customary post-closing adjustments for cash, indebtedness, net working capital and transaction expenses.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1697500/000119312526117930/0001193125-26-117930-index.htm
- claim_id: 2e12674ec8156458f074ff3905ac77cd08800598
  claim: Solaris Energy Infrastructure, Inc. entered into Purchase Agreement with Focus Genco Cayman Ltd. valued at approximately $81 million in cash (effective 2026-03-16).
  evidence_excerpt: On March 16, 2026, Solaris Energy Infrastructure, Inc., a Delaware corporation (the “ Company ”), entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with Solaris Energy Infrastructure, LLC, a Delaware limited liability company and operating subsidiary of the Company (“ OpCo ”), Project G Buyer, LLC, a Texas limited liability company and then a wholly owned subsidiary of the Company (the “ Buyer ”), Focus Genco Cayman Ltd., an exempted company with limited liability incorporated organized under the laws of the Cayman Islands (“ Genco ”), the holders of shares of Genco (each, a “ Seller ” and, collectively, the “ Sellers ”) and Alan Zelazo, solely in his capacity as the Sellers representative under the Purchase Agreement (the “ Sellers Representative ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1697500/000119312526117930/0001193125-26-117930-index.htm
- claim_id: 53b91388fc39f42393f908db7f155e1b1b713a60
  claim: Solaris Energy Infrastructure, Inc. entered into Term Loan Agreement with Goldman Sachs Bank USA valued at $300 million (effective 2026-03-16).
  evidence_excerpt: On the March 16, 2026, the Company and certain of its subsidiaries entered into a senior secured term loan agreement (the “ Term Loan Agreement ”) with Goldman Sachs Bank USA, as administrative agent and collateral agent, and the lenders party thereto, pursuant to which the lenders provided term loans in an aggregate original principal amount of $300 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1697500/000119312526117930/0001193125-26-117930-index.htm

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