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07.10.25 - 12:09
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Solaris Energy Infrastructure, Inc. Prices Upsized $650 Million Convertible Senior Notes Offering (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Solaris Energy Infrastructure, Inc. (“Solaris”) (NYSE: SEI) today announced the pricing of its public offering of $650,000,000 aggregate principal amount of 0.25% convertible senior notes due 2031 (the “notes”). The offering size was increased from the previously announced offering size of $600,000,000 aggregate principal amount of notes. The issuance and sale of the notes are scheduled to settle on October 8, 2025, subject to customary closing conditions. Solaris also granted the underwriters of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $97,500,000 principal amount of notes solely to cover over-allotments.
Solaris estimates that the net proceeds from the offering will be approximately $634.4 million (or approximately $729.7 million if the underwriters fully exercise their option to purchase additional notes), after deducting the underwriting discounts and commis...
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07.10.25 - 12:09
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Solaris Energy Infrastructure, Inc. Prices Hedging Transaction to Place Borrowed Class A Common Stock in Connection with Convertible Notes Offering (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Solaris Energy Infrastructure, Inc. (“Solaris”) (NYSE:SEI) announced today, in a separate press release, the pricing of its previously announced underwritten public offering of $650,000,000 aggregate principal amount of 0.25% convertible senior notes due 2031 (the “notes”), for total net proceeds of approximately $634.4 million, plus up to an additional $97,500,000 aggregate principal amount of notes that the underwriters of the notes offering have the option to purchase from Solaris. The offering size was increased from the previously announced offering size of $600,000,000 aggregate principal amount of notes. No new shares of Solaris's Class A common stock, par value $0.01 per share (“Class A common stock”), will be issued, and Solaris will not receive any proceeds from the concurrent delta offering.
Concurrently with the offering of the notes, Morgan Stanley, acting on behalf of itself and/or its affiliates (in such capacity, the “delta offering underwriter”),...
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06.10.25 - 22:45
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Solaris Energy Infrastructure, Inc. Announces Proposed Offering of Borrowed Class A Common Stock to Facilitate Hedging Transactions (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Solaris Energy Infrastructure, Inc. (“Solaris”) (NYSE:SEI) announced today, in a separate press release, its intention to offer, in an underwritten public offering, subject to market and other conditions, $600,000,000 aggregate principal amount of convertible senior notes due 2031 (the “notes”), plus up to an additional $90,000,000 aggregate principal amount of notes that the underwriters of the notes offering have the option to purchase from Solaris.
Concurrently with the offering of the notes, Morgan Stanley & Co. LLC, acting on behalf of itself and/or its affiliates (in such capacity, the “delta offering underwriter”), intends to offer, in a separate, underwritten offering, a number of shares of Solaris's Class A common stock, par value $0.01 per share (“Class A common stock”), borrowed from third parties (the “concurrent delta offering”), to facilitate hedging transactions (whether physical and/or through derivatives) by some of the purchasers of the note...
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06.10.25 - 22:45
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Solaris Energy Infrastructure, Inc. Announces Proposed Convertible Senior Notes Offering (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Solaris Energy Infrastructure, Inc. (“Solaris”) (NYSE: SEI) today announced its intention to offer, subject to market and other conditions, $600,000,000 aggregate principal amount of convertible senior notes due 2031 (the “notes”) in a public offering registered under the Securities Act of 1933, as amended. Solaris also expects to grant the underwriters of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $90,000,000 principal amount of notes solely to cover over-allotments.
Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC and Santander US Capital Markets LLC are acting as the book-running managers for the offering.
The notes will be senior, unsecured obligations of Solaris, will accrue interest payable semi-annually in arrears and will mature on October 1, 2031, unless earlier repurchased, redeemed or converted. Noteholders will have the right to convert their notes in...
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18.08.25 - 13:03
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Solaris Energy Infrastructure Announces the Acquisition of HVMVLV, a Specialty Provider of Power Control and Distribution Solutions (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Solaris Energy Infrastructure, Inc. (NYSE:SEI) (“Solaris” or the “Company”), today announced the acquisition of HVMVLV, LLC (“HVMVLV”), a specialty provider of complex and fast-turnaround electrical control and distribution equipment along with associated technical design and engineering services. HVMVLV is one of Solaris' strategic partners and was acquired from existing management, who will remain with the Solaris team and provide significant technical expertise as the Company advances its Power-as-a-Service strategy.
Transaction Highlights and Strategy
Strengthens Solaris' Power-as-a-Service Offering. Internalizes key capabilities related to the distribution and voltage regulation of complex and mission-critical power loads. These capabilities expand Solaris' portfolio and deliver customers a comprehensive turnkey solution designed to accelerate deployment and time to power.
Exposure to New, High-Growth End Markets. HVMVLV's solutions are used across a broad ra...
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