Solaris Energy Infrastructure

What Solaris Energy Infrastructure does

Solaris Energy Infrastructure (NYSE: SEI), founded in 2014 in Houston, Texas and formerly known as Solaris Oilfield Infrastructure, designs, owns, and operates modular power generation and distribution infrastructure alongside automated oilfield logistics systems. The company operates two reporting segments. Power Solutions rents modular natural gas-fired turbines in 5.7 MW, 16.5 MW, and 35 MW configurations, integrated with battery energy storage, balance-of-plant equipment, and proprietary control systems, primarily to hyperscale AI data center operators under 10-15 year Master Equipment Rental Agreements. Logistics Solutions provides all-electric proppant management systems (3-12 pack configurations storing up to 2.5M lbs), AI-driven sand delivery systems (AutoHopper, Tub Direct), fluid management, and last-mile logistics delivering over 10 billion lbs of sand annually across U.S. shale basins, supported by a proprietary software suite (Solaris Lens, Vision, Optics, Pulse). Revenue is generated almost entirely through direct enterprise field sales of bespoke, long-duration contracts with investment-grade counterparties; there is no self-serve or channel model.

The company's customer base is heavily concentrated in three investment-grade global technology companies, with a single customer reportedly generating 99% of power unit revenue in 2024. Major contracts include a 10-year 500+ MW agreement with Hatchbo LLC (commencing January 1, 2027) and a 600+ MW agreement signed April 2026 with a third unnamed technology company. Solaris also holds a 50.1% controlling stake in a joint venture with xAI to deploy over 1.1 GW of turbines at the Colossus data center site in Southaven, Mississippi by Q2 2027, and a controlling interest in Stateline Power, a JV building power generation capacity in Texas. Currently operating 1.2 GW of generation capacity with a path to 3.2 GW by 2029, Solaris has financed this expansion through approximately $2 billion in 2026 debt transactions, three acquisitions (Mobile Energy Rentals, HVMVLV, Genco Power Solutions), and a market capitalization of approximately $4.8 billion as of mid-2026.

Solaris's go-to-market is direct enterprise field sales with no channel partners, targeting hyperscalers facing multi-year utility grid interconnection delays. Pricing is private and contract-based, typically ranging from 500 MW to 900 MW per agreement with 10-15 year terms. The company is led by co-CEOs William Zartler (founder, former Denham Capital Management partner) and Amanda Brock (former Aris Water Solutions CEO, appointed October 2025), with Stephan Tompsett as CFO. FY2025 revenue was $622 million (+~99% YoY) and Q1 2026 revenue was $196.2 million (+55% YoY), with Power Solutions revenue up 160% YoY in Q1 2026. Adjusted EBITDA in Q1 2026 was approximately $84 million (+78% YoY).

Name

Solaris Energy Infrastructure

Legal name

Solaris Energy Infrastructure

Website

https://www.solaris-energy.com

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

251–500 employees

Short description

Solaris Energy Infrastructure (NYSE: SEI), founded in 2014 in Houston, rents modular natural gas turbines and balance-of-plant equipment to hyperscale AI data center operators under 10-15 year contracts, while also providing automated proppant management and logistics systems for U.S. oilfield operators. The company operates 1.2 GW of generation capacity today and is expanding to 3.2 GW by 2029.

Ownership category

akta.pro rank

Product category

Modular Power Generation Equipment & Energy Infrastructure Rental

NAICS

Electric Power Generation (22111)

SIC

Engines & Turbines (3510), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Power Distribution & Switchgear (UPS, PDUs, Busway) (HDABAKAA)

Keywords

• Modular power generation
• Mobile turbine rentals
• Proppant management systems
• Oilfield logistics services
• Behind-the-meter power

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Power Solutions (Equipment Rental): Rental and leasing of modular gas-fired turbine power generation units (5.7 MW, 16.5 MW, 35 MW configurations) and associated balance-of-plant equipment to hyperscale data centers and industrial customers under long-term (10-15 year) Master Equipment Rental Agreements. Revenue is contracted and capacity-based, with power delivery ramping over 1-3 years. This is the dominant revenue driver, accounting for approximately 70% of earnings as of Q4 2025 and growing rapidly (160% YoY in Q1 2026).
2. Power Distribution Rentals: Rental of electrical control and distribution equipment including transformers, switchgear, breakers, e-houses, bus containers, battery packs, and substations, with associated technical design and engineering services. Revenue is rental-based with rapid mobilization for critical project timelines.
3. Logistics Solutions: Sale and service of automated proppant management systems, top fill sand loading systems, fluid management systems, and last mile logistics services for oil and gas well completion operations. Revenue is tied to customer drilling and completion activity levels, fleet utilization, and contract wins in U.S. shale basins. Historically the core business, now declining in relative importance as the company pivots to power solutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Solaris Energy Infrastructure manufactures and rents modular gas-fired turbine power generation systems (5.7 MW, 16.5 MW, and 35 MW configurations) along with balance-of-plant and battery storage equipment to hyperscale AI data center operators and industrial customers under long-term Master Equipment Rental Agreements. The company also designs, manufactures, and services automated proppant management systems, sand delivery systems (Top Fill, AutoHopper, Tub Direct), and fluid management equipment for oil and gas well completion operations, supported by a proprietary software suite (Solaris Lens, Vision, Optics, Pulse) for real-time inventory, logistics, and equipment monitoring.

Product overview

Solaris Energy Infrastructure operates as a diversified energy infrastructure company with two primary business segments: Power Solutions and Logistics Solutions. Power Solutions provides modular, rapidly deployable natural gas turbine power generation (5.7 MW, 16.5 MW, and 35 MW units) for AI data centers, utilities, and industrial applications, currently operating 1.2 GW with plans to reach 3.2 GW by 2029. Logistics Solutions offers automated proppant management systems, sand loading/delivery technology (Top Fill, AutoHopper, Tub Direct), and fluid management for oil and gas operations. The company also provides Power Distribution Rentals (transformers, switchgear, breakers) and a proprietary Software Suite (Solaris Lens, Vision, Optics, Pulse) for real-time monitoring and logistics management. The portfolio ranges from power generation and distribution infrastructure to wellsite automation and digital applications.

Differentiator

Problem solved

Functional benefit

Brands

• Solaris Lens: Inventory management software for real-time monitoring of consumption rates and inventory levels
• Solaris Vision
• Solaris Optics
• AutoHopper
• Tub Direct
• Wet Sand Solutions
• AutoBlend

Products and services

• Power Solutions Rapidly deployable, utility-scale modular natural gas turbine power generation (5.7 MW, 16.5 MW, and 35 MW configurations) plus balance-of-plant and Battery Energy Storage Systems offered under long-term Master Equipment Rental Agreements to AI data center operators, utilities, and industrial customers. Currently operating approximately 1.2 GW with a roadmap to 3.2 GW by 2029.
• Power Distribution Rentals Advanced electrical control and distribution rental equipment including transformers, switchgear, breakers, e-houses, bus containers, battery packs, and substations, with associated technical design and engineering services for fast-turnaround deployment on complex and critical power systems.
• Logistics Solutions Automated proppant management systems, sand loading systems, fluid management systems, and turnkey last mile logistics services for oil and gas well completion operations across U.S. shale basins, combined with customer-centric field services.
• Proppant Management System All-electric, fully automated proppant storage and handling system with local exhaust ventilation for silica dust control, belt scales for real-time consumption monitoring, hot loading capability, and configurable 3-12 pack units storing up to 2.5 million lbs. Built for oil and gas well completions in U.S. shale basins.
• Top Fill Sand Loading System Revolutionary sand delivery system with 400 tons/hour truck offload rate, supporting both belly dump and pneumatic trucks, with increased payload and faster unloading for oil and gas wellsite operations.
• Last Mile Logistics Services Turnkey last mile proppant logistics with real-time monitoring via Solaris Lens, 24-hour onsite coordination, and access to one of the industry's largest carrier networks, delivering over 10 billion lbs of sand per year to U.S. shale wellsite operations.
• Fluid Management System Electric-powered water and chemical silo system replacing conventional frac tanks, with radar telemetry, vapor detectors, customizable configuration, and 100% usable volumes in a smaller wellsite footprint (800 bbl water and 27,000 gal chemical capacities).
• AutoHopper Automated Sand Delivery AI-powered automated sand delivery system that controls the pace of sand delivery from silos to blender, eliminating human error, preventing spillage, and removing personnel from high-exposure silica dust areas during wellsite completion operations.
• Tub Direct Automated Sand Delivery No-hopper, no-screw automated sand delivery system that delivers proppant directly from belts to the blender tub, controlled from the data van with real-time metering based on blender demand, eliminating traditional points of failure.
• Solaris Software Suite (Lens, Vision, Optics, Pulse) Proprietary digital application suite including Solaris Lens (inventory monitoring), Vision (logistics management), Optics (equipment maintenance), and Pulse (mobile app) for real-time data, predictive maintenance, and operations management across power and logistics deployments.
• Wet Sand Solutions Fully compatible systems to deliver, store, and process wet sand with vibrators, scrapers, and wipers, supporting up to 10,000 lbs/min unloading and 25,000 lbs/min delivery rates for oil and gas completion operations.

Quantifiable outcome

• Speed-to-power advantage: Full power significantly faster than traditional utility timelines (weeks vs. years)
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Latham & Watkins LLPminorImplementation/ SI/ Consulting Partner · 7 May 2026Latham & Watkins acted as legal advisor for Solaris Energy Infrastructure's US$1.3 billion senior notes offering, providing counsel on the bond issuance structuring and regulatory compliance for the financing transaction.
• Stateline PowercoreStrategic or Co-development Partner · 1 April 2025Solaris holds a controlling stake in Stateline Power, a joint venture building a large power generation facility in Texas. This JV supports Solaris's strategy of providing integrated turnkey power solutions for data centers and industrial customers through an owned-generation model.
• xAIcoreStrategic or Co-development Partner · 1 March 2025Solaris holds a 50.1% controlling stake in a joint venture with xAI to deploy gas turbine power generation capacity at a former power plant in Southaven, Mississippi. The JV is supporting xAI's Colossus data center (planned 1GW+ facility, the largest single datacenter in the world). Approximately $112M in capex was spent in Q2 2025, targeting over 1.1GW of fully operating turbines by Q2 2027. xAI is reportedly preparing a capital raise at ~$200B valuation.

Scale indicators10 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Enchanted Rock: Enchanted Rock provides behind-the-meter natural gas-fired power generation for commercial, industrial, and data center customers, most directly competing with Solaris's core Power Solutions offering of rapid-deploy modular gas turbine rental for hyperscalers.
• Aggreko: Aggreko is a global leader in mobile, modular, and temporary power generation rentals serving data centers, utilities, and industrial customers with multi-MW gas and diesel turbine solutions, directly comparable to Solaris's turnkey behind-the-meter rental model.

Broad incumbents

• Bloom Energy: Bloom Energy provides solid-oxide fuel cell power systems designed for behind-the-meter data center deployments with major hyperscaler customers (including Equinix, AEP), competing with Solaris as an alternative distributed generation technology for the same end market.
• GE Vernova: GE Vernova manufactures the LM2500+G4 gas turbine used in Solaris's 35 MW power blocks, and sells utility-scale power generation equipment directly to data center and grid customers, positioning it as both a supplier and adjacent competitor in the modular power space.
• Caterpillar: Caterpillar owns Solar Turbines, which manufactures the Solar Taurus 60 (5.7 MW) and Solar Titan 130 (16.5 MW) gas turbines that anchor Solaris's modular power fleet, while also competing broadly in distributed power generation for industrial and data center customers.
• Rolls-Royce Power Systems: Rolls-Royce Power Systems (mtu solutions) manufactures industrial gas turbines and large-scale gensets for utility, data center, and microgrid applications, providing an alternative mobile and stationary power generation portfolio that overlaps with Solaris's offerings.
• Generac Power Systems: Generac is a leading manufacturer of power generation equipment including natural gas generators and modular power systems for data centers, commercial, and industrial customers, competing with Solaris in the distributed generation rental and sale space.
• Cummins: Cummins produces large-scale natural gas and diesel generator sets, including the QSK60 and QSV91G series used in data center backup and prime power applications, representing a broader incumbent in the modular and standby power generation market.

Regional players

• ProPetro Holding Corp: ProPetro is a U.S. oilfield services company focused on pressure pumping and completions, directly comparable to Solaris's legacy Logistics Solutions business in proppant delivery, sand handling, and wellsite automation in U.S. shale basins.
• Liberty Energy: Liberty Energy provides hydraulic fracturing, completions, and distributed power generation (including the Liberty's e-Frac fleet and digiFrac electric pumping technology) for North American shale operators, mirroring Solaris's oilfield services and emerging power business.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/solarisoilfield
• LinkedInlinkedin.com/company/solaris-oilfield-infrastructure

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries5 records

Funding overview

Funding rounds8 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solaris Energy Infrastructure