Solaris Energy Q4 revenue $96M (+28% seq); new 700MW power orders; JV for 500MW data center

Solaris Energy Infrastructure, Inc.

Q4 2024 revenue $96M (+28% seq from Q3); net income $14M ($0.19/diluted share).
Adjusted pro forma net income $7M ($0.12/share); Total Adjusted EBITDA $37M.
Secured additional 700MW gas turbines; pro forma fleet ~1,400MW by H1 2027; total capex ~$600M.
New commercial contract for min 500MW over 6 years for data center; forming 50.1%/49.9% JV with customer.
Q1 2025 Total Adj. EBITDA guidance $44-48M; Q2 guidance $50-55M; dividend $0.12/share payable March 21.

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