Solaris Energy Infrastructure (SEI) Investor presentation summary

Business overview and strategy

• Provides power generation, distribution, and logistics solutions for data centers, energy, and industrial sectors.

• Operates facilities across multiple states, with a focus on microgrids and data center power plants.

• Over 3.1 GW of power capacity targeted by 2029, with 2.1 GW under long-term contracts.

• Power Solutions segment expected to contribute over 90% of adjusted EBITDA by 2029.

• Founder-led with over 20% insider ownership, aligning management and shareholder interests.

Recent performance and growth

• Secured a third long-term power contract with a global technology customer for over 600 MW.

• Q1 2026 adjusted EBITDA reached $84 million, 14% above consensus.

• Raised Q2 2026 adjusted EBITDA guidance to $83–93 million and set Q3 guidance at $80–95 million.

• Acquired additional generation capacity, increasing fleet to 3,100 MW and targeting over $1 billion adjusted EBITDA.

• Upsized credit facility to $500 million to support growth initiatives.

Market opportunity and customer contracts

• Multi-year partnerships with global technology leaders exceed 2,000 MW.

• Recent contracts include 7–10 year terms with options, supporting data center compute needs.

• Average contract tenor has increased to 10–15 years, reducing cash flow risk.

• Data center power demand is expected to grow rapidly, with next-gen GPUs requiring up to 1 MW per rack.

• Over 56 GW of onsite power capacity planned or under development globally.