SEI · Solaris Energy Infrastructure, Inc.

Solaris Energy Infrastructure, Inc. has significantly expanded its debt capacity through Amendment No. 1 to its Senior Secured Term Loan Agreement. The amendment, executed on April 8, 2026, introduces $200 million in additional commitments, effectively increasing the total facility size to $500 million when combined with the original $300 million facility established on March 16, 2026. This expansion represents a 67% increase in the company's term loan capacity within a short timeframe, suggesting immediate capital needs or strategic investment opportunities.

The additional commitments are structured as a delayed draw facility, available for a single borrowing until October 8, 2026. This six-month availability window provides the company with financial flexibility while imposing a deadline that aligns with typical acquisition or capital expenditure timelines. The borrowing is subject to customary conditions precedent, including solvency certification, absence of defaults, and delivery of legal opinions from Gibson, Dunn & Crutcher LLP.

The lender group includes Goldman Sachs Bank USA, acting in multiple capacities as Administrative Agent, Collateral Agent, and Lender, alongside Banco Santander, S.A., New York Branch as Joint Lead Arranger, Joint Bookrunner, and Lender. The amendment maintains the existing security structure, with all collateral and liens continuing to secure the expanded obligations. The transaction is governed by New York law and includes standard affirmative representations regarding authorization, enforceability, and absence of conflicting consents.