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Solaris Energy Infrastructure Plans $110M Convertible Senior Notes Offering Due 2030 To Fund Power Generation Expansion Without Issuing New Common Stock

Benzinga·04/30/2025 21:20:50
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Solaris Energy Infrastructure, Inc. ("Solaris") (NYSE:SEI) announced today, in a separate press release, its intention to offer, in a separate, underwritten public offering, subject to market and other conditions, $110,000,000 aggregate principal amount of convertible senior notes due 2030 (the "notes"), plus up to an additional $15,000,000 aggregate principal amount of notes that the underwriters of the notes offering have the option to purchase from Solaris. No new shares of our Class A common stock will be issued, and we will not receive any proceeds from the concurrent delta offering.