NYSE:SEIEnergy Services
Solaris Expansion Tests Growth Story With New Capacity And Credit Lines
Solaris Energy Infrastructure (NYSE:SEI) agreed to acquire Genco Power Solutions, adding approximately 900 MW of power generation capacity.
The company also secured additional turbine delivery slots to support new distributed and natural gas fueled projects.
To fund these moves, Solaris arranged a $300 million credit facility with Goldman Sachs and Santander.
For investors watching NYSE:SEI, this move comes after a period of strong share price performance, with the stock at $61.0 and very...