Solaris Energy Infrastructure, Inc. — fact timeline
Source-grounded facts extracted from Solaris Energy Infrastructure, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Solaris Energy Infrastructure, Inc. shareholders approved Advisory, Non-Binding Vote to Approve the Compensation of the Company’s Named Executive Officers at the 2026-05-15 meeting.
“Proposal No. 3: Advisory, Non-Binding Vote to Approve the Compensation of the Company’s Named Executive Officers”
Shareholder Votes
Solaris Energy Infrastructure, Inc. shareholders approved Ratification of Appointment of the Company’s Independent Registered Public Accounting Firm at the 2026-05-15 meeting.
“Proposal No. 2: Ratification of Appointment of the Company’s Independent Registered Public Accounting Firm”
Shareholder Votes
Solaris Energy Infrastructure, Inc. shareholders approved Election of Class III Directors at the 2026-05-15 meeting.
“At the 2026 Annual Meeting of Stockholders of Solaris Energy Infrastructure, Inc. (the “Company”) held on Friday, May 15, 2026 (the “Annual Meeting”), the Company’s stockholders voted upon the following three proposals”
Material Agreements
Solaris Energy Infrastructure, Inc. entered into Credit Agreement with MUFG Bank, Ltd. valued at $650.0 million (effective 2026-05-12).
“the Company and the Issuer, as borrower, entered into a credit agreement (the “Credit Agreement”) with MUFG Bank, Ltd., as administrative agent, CSC Delaware Trust Company, as collateral agent, and the lenders party thereto. Pursuant to the Credit Agreement, the lenders agree to provide the Issuer a revolving credit facility of up to $650.0 million”
Material Agreements
Solaris Energy Infrastructure, Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $1.3 billion aggregate principal amount (effective 2026-05-12).
“Solaris Energy Infrastructure, LLC (the “Issuer”), a subsidiary of Solaris Energy Infrastructure, Inc. (the “Company”), issued $1.3 billion aggregate principal amount of a new series of the Issuer’s 6.375% Senior Notes due 2031 (the “Notes”) in a private placement (the “Offering”)”
Debt Financings
Solaris Energy Infrastructure, Inc. incurred revolving credit of up to $650.0 million with MUFG Bank, Ltd..
“Trust Company, as collateral agent, and the lenders party thereto. Pursuant to the Credit Agreement, the lenders agree to provide the Issuer a revolving credit facility of up to $650.0 million, including a sublimit for the issuance of letters of credit in an amount up to $150.0 million (such revolving credit facility, the “Revolving Credit Facility”). At the Issuer’s”
Debt Financings
Solaris Energy Infrastructure, Inc. incurred senior notes of $1.3 billion aggregate principal amount with U.S. Bank Trust Company, National Association at 6.375% per annum maturing May 15, 2031.
“On May 12, 2026, Solaris Energy Infrastructure, LLC (the “Issuer”), a subsidiary of Solaris Energy Infrastructure, Inc. (the “Company”), issued $1.3 billion aggregate principal amount of a new series of the Issuer’s 6.375% Senior Notes due 2031 (the “Notes”) in a private placement (the “Offering”) conducted pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”).”
Material Agreements
Solaris Energy Infrastructure, Inc. entered into Purchase Agreement with Goldman Sachs & Co. LLC, as representative of the several initial purchasers valued at $1.3 billion aggregate principal amount (effective 2026-05-05).
“On May 5, 2026, Solaris Energy Infrastructure, Inc. (the “Company”), Solaris Energy Infrastructure, LLC, a subsidiary of the Company (the “Issuer”), and the subsidiary guarantors named therein (the “Subsidiary Guarantors”) entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC, as representative of the several initial purchasers named therein (collectively, the “Initial Purchasers”), under which they agreed to sell $1.3 billion aggregate principal amount of the Issuer’s 6.375% Senior Notes due 2031 (the “Notes”) in a private placement conducted pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Offering”).”
Earnings Releases
Solaris Energy Infrastructure, Inc. reported first quarter 2026 results: revenue approximately $196 million, net income $32 million, EPS $0.32 per diluted Class A common share. Guidance raised.
“or the “Company”), today announced the following: First Quarter 2026 Summary Results and Key Updates • First Quarter 2026 Revenue and Profitability ◦ Revenue of approximately $196 million increased 9% sequentially from fourth quarter 2025. ◦ Net income of $32 million and $0.32 per diluted Class A common share; Adjusted pro forma net income (1) of $39 million and”
Debt Financings
Solaris Energy Infrastructure, Inc. incurred term loan of additional commitments in the aggregate principal amount of $200 million, in addition to the aggregate principal amount with Goldman Sachs Bank USA, as administrative agent and collateral agent, and the lenders party thereto.
“the Amendment provides for additional commitments (the “Additional Commitments”) under the Term Loan Agreement in the aggregate principal amount of $200 million”
Material Agreements
Solaris Energy Infrastructure, Inc. amended Amendment No. 1 to Senior Secured Term Loan Agreement with Goldman Sachs Bank USA valued at Amendment provides for additional commitments of $200 million, bringing total term loans to $500 mil (effective 2026-04-08).
“On April 8, 2026, Solaris Energy Infrastructure, Inc. (the “Company”) and certain of its subsidiaries entered into Amendment No. 1 (the “Amendment”) to its senior secured term loan agreement, dated as of March 16, 2026 (as amended by the Amendment, the “Term Loan Agreement”), among the Company, certain of the Company’s subsidiaries, Goldman Sachs Bank USA, as administrative agent and collateral agent, and the lenders party thereto.”
Debt Financings
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%.
“the lenders provided term loans in an aggregate original principal amount of $300 million”
Material Agreements
Solaris Energy Infrastructure, Inc. entered into Term Loan Agreement with Goldman Sachs Bank USA valued at $300 million (effective 2026-03-16).
“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.”
Material Agreements
Solaris Energy Infrastructure, Inc. entered into Purchase Agreement with Focus Genco Cayman Ltd. valued at approximately $81 million in cash (effective 2026-03-16).
“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 ”).”
M&A Transactions
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).
“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.”
Material Agreements
Solaris Energy Infrastructure, Inc. entered into Master Equipment Rental Agreement with Hatchbo, LLC valued at over 500 megawatts of power generation equipment (effective 2026-02-12).
“On February 12, 2026 (the “Effective Date”), Solaris Power Solutions, LLC, a Texas limited liability company (“Lessor”) and an indirect subsidiary of Solaris Energy Infrastructure, Inc., a Delaware corporation (the “Company”), entered into a Master Equipment Rental Agreement (the “Agreement”) with Hatchbo, LLC, a Delaware limited liability company and an affiliate of an investment grade, global technology company and industry leader in the evolving artificial intelligence computing space (the “Customer”), pursuant to which Lessor has agreed to provide over 500 megawatts of power generation equipment (the “Equipment”) to support Customer’s power demand for artificial intelligence computing needs at its data centers.”
Debt Financings
Solaris Energy Infrastructure, Inc. incurred convertible notes of $747,500,000 with U.S. Bank Trust Company, National Association at 0.25% per annum maturing October 1, 2031.
“On October 8, 2025, the Company issued $747,500,000 principal amount of its 0.25% Convertible Senior Notes due 2031.”
Debt Financings
Solaris Energy Infrastructure, Inc. incurred credit facility of $550,000,000.00 with Stonebriar Commercial Finance LLC.
“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).”
M. Max Yzaguirre was appointed as Class I Director at Solaris Energy Infrastructure, Inc..
“increased the size of the Board from nine (9) to ten (10) directors and in connection therewith appointed Mr. M. Max Yzaguirre as a Class I director”
William A. Zartler was appointed as principal operating officer at Solaris Energy Infrastructure, Inc..
“Concurrently with the effectiveness of Mr. Price’s retirement, William A. Zartler, the Company’s current Chief Executive Officer, began serving as the Company’s principal operating officer.”
Kelly Price retired as Chief Operating Officer and principal operating officer at Solaris Energy Infrastructure, Inc..
“Kelly Price, the Company’s Chief Operating Officer and principal operating officer, retired from his position, effective as of December 31, 2024.”
Kelly Price retired as Chief Operating Officer at Solaris Energy Infrastructure, Inc..
“On October 3, 2024, the Company announced the retirement of Kelly Price, Chief Operating Officer, effective December 31, 2024”
M&A Transactions
Solaris Energy Infrastructure, Inc. completed an acquisition involving J Turbines, Inc. and KTR Management Company, LLC (the Contributors) for approximately $60,000,000 of base cash consideration, adjusted for customary closing balance sheet and transaction adjustments (closed 2024-09-11).
“Solaris LLC received all of the issued and outstanding equity interests of MER (the “Closing”). The aggregate consideration for the Contribution consisted of: • approximately $60,000,000 of base cash consideration, adjusted for customary closing balance sheet and transaction adjustments, and subject further to certain post-closing adjustments; • the issuance of”
Earnings Releases
Solaris Energy Infrastructure, Inc. reported the quarter ended March 31, 2024 results: revenue $68 million, net income $7 million, or $0.14 per diluted Class A share; Adjusted pro forma net income of $7 million, or $0.16 per fully diluted.
“First Quarter 2024 Results and Continued Shareholder Returns for Second Quarter 2024 First Quarter 2024 Summary Results and Shareholder Return Highlights ● Revenue of $68 million ● Net income of $7 million, or $0.14 per diluted Class A share; Adjusted pro forma net income of $7 million, or $0.16 per fully diluted share ● Adjusted EBITDA of $23 million”
Earnings Releases
Solaris Energy Infrastructure, Inc. reported Fourth quarter 2023 results: revenue $63 million, net income $7 million, EPS $0.14 per diluted Class A share.
“Solaris Oilfield Infrastructure Announces Fourth Quarter and Full Year 2023 Results and Announces Continued Shareholder Returns for First Quarter 2024 Fourth Quarter 2023 Summary Results and Shareholder Return Highlights ● Revenue of $63 million ● Net income of $7 million, or $0.14 per diluted Class A share; Adjusted pro forma net income of $7 million, or $0.15 per fully diluted share ● Adjusted EBITDA of $21 million ● Generated $24 million of cash flow from operations and $16 million in free cash flow; reduced borrowings outstanding on the credit facility by $7 million ● Returned a total of $47 million to shareholders in 2023 through share repurchases and dividends ● Solaris’ fourth quarter 2023 dividend of $0.12 per share, which was paid on December 11, 2023, was a 9% increase from the prior quarter and represented Solaris’ third per-share dividend raise since initiation”
Earnings Releases
Solaris Energy Infrastructure, Inc. reported the quarter ended September 30, 2023 results: revenue $69.7 million, net income $7.6 million, or $0.16 per diluted Class A share.
“--- Solaris Oilfield Infrastructure Announces Third Quarter 2023 Results and Fourth Quarter Dividend Third Quarter 2023 Summary Results and Highlights ● Revenue of $69.7 million ● Net income of $7.6 million, or $0.16 per diluted Class A share; Adjusted pro forma net income of $8.5 million, or $0.19 per fully diluted share, for the quarter ended”
Earnings Releases
Solaris Energy Infrastructure, Inc. reported the quarter ended June 30, 2023 results: revenue $77.2 million, net income $12.2 million, EPS $0.25 per fully diluted share.
“Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (“Solaris” or the “Company”), today announced second quarter 2023 results, with revenues of $77.2 million, net income of $12.2 million, adjusted pro forma net income of $11.3 million, or $0.25 per fully diluted share and Adjusted EBITDA of $26.8 million.”
Christopher P. Wirtz was appointed as Chief Accounting Officer at Solaris Energy Infrastructure, Inc..
“Effective June 1, 2023, Christopher P. Wirtz was appointed by the Board of Directors of the Company to serve as Chief Accounting Officer of the Company and will begin his service immediately.”
Lindsay R. Bourg resigned as Chief Accounting Officer at Solaris Energy Infrastructure, Inc..
“On May 25, 2023, Lindsay R. Bourg submitted her resignation as Chief Accounting Officer of Solaris Oilfield Infrastructure, Inc. (the “Company”).”
Governance Changes
Solaris Energy Infrastructure, Inc.: Amendment to Amended and Restated Certificate of Incorporation to provide for officer exculpation as permitted by Delaware law (effective 2023-05-22).
“the Certificate of Incorporation Amendment was filed with the office of the Secretary of State of the State of Delaware on May 22, 2023, and became effective upon filing”
Shareholder Votes
Solaris Energy Infrastructure, Inc. shareholders voted on Advisory vote on the frequency of future advisory votes to approve executive compensation.
“Proposal 6: Advisory vote on the frequency of future advisory votes to approve executive compensation. Voting results with respect to the approval by the Company’s stockholders, on an advisory non-binding basis, on the frequency of future advisory votes to approve executive compensation were as follows: For One Year 36,117,451 Two Years 289,531 Three Years 1,468,308 Abstain 30,083”
Shareholder Votes
Solaris Energy Infrastructure, Inc. shareholders approved Advisory vote to approve the compensation of the Company’s Named Executive Officers.
“Proposal 5: Advisory vote to approve the compensation of the Company’s Named Executive Officers. Voting results with respect to the approval by the Company’s stockholders, on an advisory non-binding basis, of the compensation of the Company’s Named Executive Officers, as disclosed in the Proxy Statement, were as follows: For Against Abstentions Broker Non-Votes 35,418,137 2,452,167 35,069 5,401,443”
Shareholder Votes
Solaris Energy Infrastructure, Inc. shareholders approved Approval of an amendment to the Company’s Long Term Incentive Plan.
“Proposal 4: Approval of an amendment to the Company’s Long Term Incentive Plan. Voting results with respect to the approval by the Company’s stockholders of the LTIP Amendment were as follows: For Against Abstentions Broker Non-Votes 22,642,474 14,567,049 695,850 5,401,443”
Shareholder Votes
Solaris Energy Infrastructure, Inc. shareholders approved Approval of an amendment to the Company’s Amended and Restated Certificate of Incorporation.
“Proposal 3: Approval of an amendment to the Company’s Amended and Restated Certificate of Incorporation. Voting results with respect to the approval by the Company’s stockholders of the Certificate of Incorporation Amendment to reflect new Delaware law provisions regarding officer exculpation were as follows: For Against Abstentions Broker Non-Votes 32,014,988 5,778,635 111,750 5,401,443”
Shareholder Votes
Solaris Energy Infrastructure, Inc. shareholders approved Ratification of the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ended December 31, 2023 at the 2023-12-31 meeting.
“Proposal 2: Ratification of the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ended December 31, 2023. Voting results with respect to the ratification by the Company’s stockholders of BDO USA, LLP as the Company’s independent registered public accounting firm for 2023 were as follows: For Against Abstentions 42,976,240 61,273 269,303”
Shareholder Votes
Solaris Energy Infrastructure, Inc. shareholders approved Election of three Class III Directors.
“Proposal 1: Election of three Class III Directors. The three individuals listed below were elected as directors of the Company by the Company’s stockholders at the Annual Meeting to serve until the Company's 2026 annual meeting of stockholders. Voting results for each director were as follows: Name For Withheld Broker Non-Votes William A. Zartler 36,307,990 1,597,383 5,401,443 Edgar R. Giesinger 24,691,230 13,214,143 5,401,443 A. James Teague 36,253,032 1,652,341 5,401,443”
Earnings Releases
Solaris Energy Infrastructure, Inc. reported the quarter ended March 31, 2023 results: revenue $82.7 million, net income $11.9 million, EPS $0.23 per diluted Class A share. Guidance reaffirmed.
“Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (“Solaris” or the “Company”), today announced first quarter 2023 results, with revenues of $82.7 million, net income of $11.9 million, adjusted pro forma net income of $11.0 million, or $0.24 per fully diluted share and Adjusted EBITDA of $25.1 million.”
Earnings Releases
Solaris Energy Infrastructure, Inc. updated its full year 2023 guidance (lowered).
“The Company is revising its capital expenditure guidance for full year 2023 to a range of $65 million to $75 million”
Earnings Releases
Solaris Energy Infrastructure, Inc. reported quarter ended December 31, 2022 results: revenue $84.1 million.
“Solaris reported net income of $8.0 million, or $0.15 per diluted Class A share, for fourth quarter 2022”
Earnings Releases
Solaris Energy Infrastructure, Inc. reported third quarter 2022 results: revenue $92.3 million, net income $11.5 million, EPS $0.22 per diluted Class A share. Guidance initiated.
“generally accepted accounting principles (“GAAP”) measure, and the computation of adjusted pro forma earnings per fully diluted share are provided below. Revenues were $92.3 million for third quarter 2022, which were up 6% from second quarter 2022, driven by an increase in systems deployed and contribution from new technologies, partially offset by a”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.