Solaris Energy Infrastructure, Inc. 8-K

What Happened Solaris Energy Infrastructure, Inc. (through its indirect subsidiary Solaris Power Solutions, LLC) announced it entered into a Master Equipment Rental Agreement with Hatchbo, LLC (an affiliate of an investment-grade global AI computing company) effective February 12, 2026. Under the agreement, Solaris will provide over 500 megawatts of power generation equipment to support the Customer’s AI data center power needs. The Initial Rental Term is scheduled to begin January 1, 2027 and run for 10 years (with a one-time 5-year extension option) or until the parties sign a mutually agreeable power purchase agreement (PPA).

Key Details

• Agreement effective date: February 12, 2026; Initial Rental Term start: January 1, 2027.
• Capacity: over 500 MW of power generation equipment to support AI data centers.
• Term/termination: 10-year Initial Rental Term, one 5-year extension option; Customer may terminate for convenience with 30 days’ notice and must pay a termination fee equal to 50% of remaining rental fees for affected equipment through the Rental Term.
• Credit support: Customer’s parent provided a guaranty capped at 50% of total rental fees for the Initial Rental Term, with a ratable decrease mechanism described in the agreement.

Why It Matters This is a material commercial arrangement for Solaris: it commits the company to supply large-scale power equipment (500+ MW) for a major AI computing customer, with a long-term rental structure that could translate into significant recurring rental revenue beginning in 2027. The termination and guaranty provisions affect revenue protection and credit risk — the customer can end the rental early but must pay a substantial termination fee, while the parent guaranty provides capped but explicit credit support. The full agreement will be filed as an exhibit to Solaris’s 2025 Form 10-K for further investor review.