debt
confidence high
sentiment neutral
materiality 0.70
Solaris Energy Infrastructure launches $1.0B senior notes due 2032 private placement for growth
Solaris Energy Infrastructure, Inc.
- Offers $1.0B aggregate principal of Senior Notes due 2032 via Rule 144A/Reg S private placement by subsidiary Solaris Energy Infrastructure, LLC.
- Net proceeds for general corporate purposes, growth capex, and offering fees; notes not registered under Securities Act.
- Post-offering issuer leverage ~5.3x based on $1.0B new notes plus $1.3B 6.375% senior notes due 2031 over ~$433M annualized Q2 2026 Adjusted EBITDA.
- Guides 2026 consolidated capex ~$1,955M and illustrative run-rate Adjusted EBITDA ~$1,000M by end-2029 on contracted 2,200+ MW.
- Recently closed Omega ($101M cash+3.6M shares), GESA ($52.4M cash+2.9M shares), Genco (400MW) to scale power portfolio.