06:04 PM EDT, 03/16/2026 (MT Newswires) -- Solaris Energy Infrastructure ( SEI ) said Monday it closed two deals with an upfront value of $620 million to add about 900 megawatts of natural gas turbine capacity between 2026 and 2029.

The company acquired Genco Power Solutions and purchased 30 turbine delivery slots from a private party, which together are expected to bring its total power generation capacity to about 3,100 megawatts by the end of 2029.

Solaris paid about $240 million in cash, issued roughly $215 million in shares and assumed about $165 million in debt in connection with the transactions.

The company said it expects to make additional capital expenditure payments of about $935 million over the next three and a half years. Solaris said it also closed a $300 million credit facility.

Shares of Solaris were down 2% in after-hours trading.