12:22 PM EDT, 05/01/2025 (MT Newswires) -- Solaris Energy Infrastructure ( SEI ) said Thursday it priced a public offering of $135 million of 4.75% convertible senior notes due 2030, upsized from $110 million

Underwriters were granted a 30-day option to buy up to $20 million more notes to cover overallotments, Solaris said.

Solaris said net proceeds will be used to buy from its operating subsidiary a subordinated convertible note which expects to use to fund growth capital for additional power generation equipment.

The issuance and sale of the notes are expected to settle on Friday, the company said.

Solaris Energy shares were more than 5% higher in recent trading.

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