Solaris Energy (SEI) Climbs 10.88% on Capacity Expansion Success

Solaris Energy Infrastructure Inc. (NYSE:SEI) is one of the 10 Stocks That Made Millionaires Today.

Solaris Energy rallied for a second day on Tuesday, jumping 10.88 percent to close at $63.19 apiece, as investors cheered its successful expansion of generation capacity by 900 MW following its acquisition of two facilities.

On Monday, Solaris Energy Infrastructure Inc. (NYSE:SEI) successfully acquired Genco Power Solutions, a distributed power generation firm capable of adding 400 MW of incremental power generation capacity between 2026 and 2028, inclusive of approximately 100 MW of currently operated and contracted capacity.

Photo by Matthew Henry on Unsplash

Last Friday, it also purchased 30 turbine delivery slots from a private party, which will provide approximately 500 MW of incremental power generation capacity between early 2027 and 2029.

The twin acquisitions will effectively bring Solaris Energy Infrastructure Inc.’s (NYSE:SEI) total power generation capacity to 3,100 MW by the end of 2029.

“The additional scale and phased delivery of this new capacity provides immediate value to customers by delivering near-term generation that is currently unavailable from traditional supply chain channels, which accelerates time-to-power and enables our customers to quickly ramp their operations,” Solaris Energy Infrastructure Inc. (NYSE:SEI) Chairman and co-CEO Bill Zartler said.

“We are excited to deploy this additional capacity to serve both existing partners and new customers, further establishing Solaris as a trusted leader in this dynamic, high-growth market. As we recently said on our earnings call, demand for our power generation solutions continues to outpace our committed and on-order capacity, which remains the case,” he noted.

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