Solaris Q3 revenue $75M, net loss $2M; closes MER acquisition, signs 450 MW power contracts

Solaris Energy Infrastructure, Inc.

Acquired Mobile Energy Rentals on Sept 11, 2024; $325M term loan closed to fund acquisition and growth capex.
Power Solutions segment revenue $5M and Adj EBITDA $3M in first 20 days; 450 MW of new power service contracts signed.
Logistics Solutions: revenue $70M, Segment Adj EBITDA $24M, 91 fully utilized systems.
Q4 dividend of $0.12/share approved, payable Dec 16, record Dec 6; $15M share repurchase authorization remains.
Net cash from ops $11M; capex $58M for power equipment; cash $117M, borrowings $325M.

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