Solaris Energy Infrastructure, Inc. · NYSE:SEI
Solaris Energy Infrastructure — Investor Presentation (July 2026)
27 slides from Solaris Energy Infrastructure's investor presentation, Jul 6, 2026
Slide 1: Solaris Energy Infrastructure, Inc. Investor Presentation
Solaris Energy Infrastructure, Inc. Investor Presentation July 6, 2026
Slide 2: Solaris Accelerates Purpose-Built Power Solutions
Solaris Energy Infrastructure ~$5-6 Billion Solaris Accelerates Purpose-Built Power Solutions Market Capitalization Business Segments & End Markets Power Solutions Logistics Solutions Hyperscalers/ Refinery & Chemical Manufacturing Utilities Healthcare Gas Mining Energy - Upstream Data Centers Proce
Slide 3: Recent Updates
Solaris Energy Infrastructure NEW: Acquired a Full Cyle Power Generation Services Company Brings in-house the full cycle of power generation services spanning installation, life- Recent Updates of-asset repair and maintenance, and aftermarket services - accretive to earnings and free cash flow per s
Slide 4: GESA Acquisition Delivers Full Cycle Power Services Globally
Solaris Energy Infrastructure July 2026 GESA Acquisition Delivers Full Cycle Power Services Globally Acquisition One Acquisition, Two Full Cycle Power Operations Transaction Highlights Deepens in-house expertise to service the full power project cycle, with R&M spanning all installed turbine and g
Slide 5: GESA's Services Expand Solaris' Full Power Asset Cycle
Solaris Energy Infrastructure July 2026 Acquisition GESA’s Services Expand Solaris’ Full Power Asset Cycle Power Asset Lifecycle Revenue Distribution by End Market (2025-2026 YTD) International Power 11% Spare Parts & Equipment Dismantling Utility/IPP Installation & Plant Operation & Industrial 32%
Slide 6: Rapid Demand Growth Combined with Capital Investment to Support Data Center Demand
Solaris Energy Infrastructure Rapid Demand Growth Combined with Capital Investment to Support Data Center Demand Early Mover Advantage in Addressing Nascent and Rapidly Expanding Market Opportunity Power Capacity Growth: Current + On Order Illustrative Adjusted EBITDA Pro Forma Potential (4) (MW) ($
Slide 7: Diversified Mix of Long-term, Primarily Turnkey Power Projects
Solaris Energy Infrastructure Diversified Mix of Long-term, Primarily Turnkey Power Projects $3.8 Billion of Current + Planned Investments in Power Will Drive Attractive Returns on Capital Data Center Contract A Data Center Contract C Current + Planned Invested Capital (1) Stateline Power Customer C
Slide 8: Solidifying Partnerships with Global Technology Leaders with Scale and Duration
Solaris Energy Infrastructure Solidifying Partnerships with Global Technology Leaders with Scale and Duration 2,200+ MW Multi-Year Partnerships Primarily with Three Leading Technology Companies Increase in Solaris’ Average 10 to 15 years Power Contract Tenor 8 to 9 years 7 to 8 years + Customer C (I
Slide 9: Recent Contracts Highlight Incremental Balance of Plant Return Upside Opportunity
Solaris Energy Infrastructure Recent Contracts Highlight Incremental Balance of Plant Return Upside Opportunity Turnkey Power Model Drives Higher Capital Investment and Return Opportunity at Extended Tenor Illustrative Annual Adjusted EBITDA and Invested Capital (1,3) ($ millions) Upside Potential 1
Slide 10: Behind-the-Meter Power: A Structural, Long-Term Advantage
Solaris Energy Infrastructure Behind-the-Meter Power: A Structural, Long-Term Advantage Five Reasons the Benefits Now Go Beyond Speed-to-Power Economics Converging Enhanced Reliability Planning Flexibility Regulatory Tailwinds Sticky Infrastructure BTM costs are converging Backup power with Generati
Slide 11: Massive AI Infrastructure Spend is a Significant Tailwind for Solaris
Solaris Energy Infrastructure Massive AI Infrastructure Spend is a Significant Tailwind for Solaris Tech is committing hundreds of billions to AI infrastructure that is evolving to require more compute and thus more power Big Tech Capex Estimates (1) Trend Power Density of Next-generation GPUs Neces
Slide 12: Fully Integrated Model Supports Differentiated, Turnkey Power Solution
Solaris Energy Infrastructure Fully Integrated Model Supports Differentiated, Turnkey Power Solution Turnkey power solutions tailored to customer’s needs Custom Grid Design ‘Balance of plant’ offering, provides enhanced earnings and SCR emissions control equipment Expertise in Design, Engineering, a
Slide 13: Disciplined Approach to Capital Deployment with Substantial Financial Flexibility
Solaris Energy Infrastructure Disciplined Approach to Capital Deployment with Substantial Financial Flexibility Capital Allocation and Balance Sheet Overview Capital Allocation Priorities Pro Forma Debt Capitalization Table to Fund 3.2 GW Annual Notional Defend & Optimize Organic Investment in Inter
Slide 14: A Unique Way to Invest in Power Infrastructure – High Growth Trading at a Discount
Solaris Energy Infrastructure A Unique Way to Invest in Power Infrastructure – High Growth Trading at a Discount Bloomberg Four-Year (2025-2029) Consensus EBITDA CAGR Bloomberg EV / 2029 Adjusted EBITDA Multiple (As of 7/1/2026) (As of 7/1/2026) 21x 126% SEI trades at one of the lowest multiples of
Slide 15: Key Takeaways
Solaris Energy Infrastructure Key Takeaways Provides Critical, Behind-the- Contract Coverage at Longer- Aligned, Founder-Led Meter Power Infrastructure term Tenors Significantly Management Team with Which Remains in Short Supply Derisks Cash Flows and Significant Insider Ownership and is Deployed Wi
Slide 16: Appendix
Solaris Energy Infrastructure Appendix solaris-energy.com
Slide 17: Company Values
Solaris Energy Infrastructure Company Values solaris-energy.com 17
Slide 18: Turnkey Power Model Generates Attractive Returns with Durable Cash Flow
Solaris Energy Infrastructure Turnkey Power Model Generates Attractive Returns with Durable Cash Flow Illustrative Cumulative Free Cash Flow and Returns Profile of Turnkey Power Projects Cash Generation Phase: Project enters service with ratable energization; breakeven is reached Illustrative Exampl
Slide 19: Generation Required to Support Modern Industrial Loads
Solaris Energy Infrastructure Generation Required to Support Modern Industrial Loads Larger, Complex Power Needs Drive a Need for Modular Generation with Multiple Sources of Redundancy Generation Stack Then (40-50 MW) Generation Stack Now/Future (1+ GW) Microgrid w/ Integrated Primary Power, Inertia
Slide 20: Integrated Power Service Business Model Comparison
Solaris Energy Infrastructure Integrated Power Service Business Model Comparison Solaris receives fixed + variable monthly payments to provide co-located, behind-the-meter, turnkey service which includes the integrated provision of generation (turbines) and distribution (transformers, switchgear, an
Slide 21: Current Capital Plan: Growth to 3,200 MW Operated Fleet by 2029
Solaris Energy Infrastructure Current Capital Plan: Growth to 3,200 MW Operated Fleet by 2029 Expected Remaining Consolidated Capex (1) (2) ($ millions) Actual Forecast Forecast Q1 2026 Q2 2026 Q3 2026 Q4 2026 2026 2027 2028 2029 Consolidated Capex (3) $343 $615 $345 $175 $1,478 $485 $350 $265 (-) T
Slide 22: Financial Guidance: Q2 and Q3 2026
Solaris Energy Infrastructure Financial Guidance: Q2 and Q3 2026 ($ and shares in millions) Q1 2026 Actual Q2 2026 Guidance Q3 2026 Guidance Power Solutions Adjusted EBITDA $72 $72-81 Logistics Solutions Adjusted EBITDA $23 $22-24 Corporate and Other Expense ($11) ($12-13) ($12-13) Total Adjusted EB
Slide 23: Debt Capitalization Summary: Current and Fully Deployed JV Capacity
Solaris Energy Infrastructure Debt Capitalization Summary: Current and Fully Deployed JV Capacity ($ in millions) Annual Notional Pro Forma for Senior Pro Forma Potential w/Fully Interest Rate Notional Balance at 3/31/26 Note Issuance (1) Deployed JV Capacity (2) Convertible Notes due 2030 ($26.39 c
Slide 24: Capitalization Options for Valuation Purposes
Solaris Energy Infrastructure Capitalization Options for Valuation Purposes Option 1: Treat Convertible Option 2: Treat Convertible ($ and shares in millions) Notes as Debt Notes as Shares Debt Convertible Notes due 2030 ($26.39 conversion price) $155 - Convertible Notes due 2031 ($57.20 conversion
Slide 25: EBITDA and Adjusted EBITDA Reconciliation
Solaris Energy Infrastructure EBITDA and Adjusted EBITDA Reconciliation Three months ended, Twelve months ended December 31, ($ in 000s) March 31, 2026 December 31, 2025 September 30, 2025 June 30, 2025 2025 2024 2023 Net income $32,055 ($3,509) $24,814 $24,129 $58,402 $28,918 $38,775 Depreciation a
Slide 26: Disclaimer
Solaris Energy Infrastructure Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Examples of forward-looking state
Slide 27: solaris-energy.com
Solaris Energy Infrastructure Solaris Energy Infrastructure solaris-energy.com Follow us on LinkedIn 9651 Katy Freeway, Suite 300 Houston, Texas 77024 solaris-energy.com
Solaris Energy Infrastructure — Investor Presentation (July 2026) on 6ix