04:59 PM EDT, 09/11/2024 (MT Newswires) -- Solaris Energy Infrastructure (SEI) said late Wednesday it has changed its name from Solaris Oilfield Infrastructure and closed its acquisition of Mobile Energy Rentals.

The company has entered into a new $325 million senior secured term loan and is in the process of finalizing a new $75 million revolving credit facility.

Following the completion of its name change, Solaris said its class A common shares will start trading under the new symbol SEI Thursday.