Major 500MW AI power rental agreement for Solaris Energy Infrastructure (SEI)

Rhea-AI Filing Summary

Solaris Energy Infrastructure, Inc. announced that its indirect subsidiary, Solaris Power Solutions, LLC, entered into a Master Equipment Rental Agreement with Hatchbo, LLC, an affiliate of an investment-grade global technology company focused on artificial intelligence computing.

Under the Agreement, Solaris will provide over 500 megawatts of power generation equipment to support the customer’s data center power needs, with an initial rental term scheduled to run from January 1, 2027 for ten years, and an option for a five-year extension. The customer may terminate for convenience with 30 days’ notice but must pay 50% of remaining rental fees on affected equipment, and the customer’s parent has guaranteed up to 50% of total rental fees for the initial term, with the guarantee declining ratably over time.

Insights

Infrastructure & Power Contracts Analyst

Large AI-linked power rental deal adds long-term contracted demand but with termination flexibility.

The Agreement commits Solaris Power Solutions to provide over 500 megawatts of power generation equipment to an affiliate of a major artificial intelligence technology company. The initial rental term is scheduled to run ten years from January 1, 2027, with a possible five-year extension, creating visibly long-duration equipment utilization.

Economic protection features include a termination-for-convenience payment equal to 50% of remaining rental fees on affected equipment and a guaranty from the customer’s parent. The guaranty is capped at 50% of total rental fees for the initial term and declines ratably, but stays at least 50% of future total rental fees through that term.

The parties also plan to negotiate a power purchase or similar agreement with a term ending no earlier than the rental term, under which Solaris would own and operate the equipment and related facilities. Subsequent company filings may provide details on rental rates, capital spending, and how this arrangement affects revenue concentration and project execution risk.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 12, 2026

SOLARIS ENERGY INFRASTRUCTURE, INC.

(Exact name of registrant as specified in charter)

Delaware		001-38090		81-5223109
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

9651 Katy Freeway, Suite 300

Houston, Texas 77024

(Address of principal executive offices)

(Zip Code)

(281) 501-3070

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class A Common Stock, $0.01 par value		“SEI”		New York Stock Exchange
Indicate by check mark
				NYSE Texas, Inc.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

On February 12, 2026 (the “Effective Date”), Solaris Power Solutions, LLC, a Texas limited liability company (“Lessor”) and an indirect subsidiary of Solaris Energy Infrastructure, Inc., a Delaware corporation (the “Company”), entered into a Master Equipment Rental Agreement (the “Agreement”) with Hatchbo, LLC, a Delaware limited liability company and an affiliate of an investment grade, global technology company and industry leader in the evolving artificial intelligence computing space (the “Customer”), pursuant to which Lessor has agreed to provide over 500 megawatts of power generation equipment (the “Equipment”) to support Customer’s power demand for artificial intelligence computing needs at its data centers.

The Agreement provides for an initial rental term (the “Initial Rental Term”) that is scheduled to commence on January 1, 2027 and continue for ten years or until Lessor and Customer enter into a separate, mutually agreeable power purchase or other similar agreement (a “PPA”), whichever occurs first. The Customer has the option to extend the Initial Rental Term for one additional five-year period (such additional period, if any, together with the Initial Rental Term, the “Rental Term”).

The Agreement commences on the Effective Date and continues until terminated in accordance with the terms therein. The Agreement may be terminated, in whole or in part, by the Customer for convenience upon 30 days’ prior written notice, provided there is no ongoing default by the Customer. In the event of such termination, the Customer is required to pay a termination payment equal to 50% of the remaining rental fees related to the Equipment impacted by such termination through the end of the Rental Term.

The Agreement provides that the parties will work together in good faith towards the negotiation of a PPA with a term that ends no earlier than the Rental Term, pursuant to which Lessor would, among other things, own, install, commission, operate, and maintain the Equipment and all associated balance of plant and other equipment or facilities, as well as perform engineering, site preparation and civil work in connection therewith.

The Agreement contains customary events of default, including failure of payment and performance of obligations. In connection with entry into the Agreement, the Customer’s parent entity (“Parent”) has provided a guaranty (the “Guaranty”). Parent’s liability under the Guaranty is capped at 50% of the total rental fees for the Initial Rental Term, and that cap will ratably decrease each year such that the amount of the Guaranty outstanding at any given time shall be no less than 50% of the future total rental fees through the Initial Rental Term.

The foregoing description of the Agreement is qualified in its entirety by reference to the Agreement, a copy of which will be filed as an exhibit to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: February 12, 2026

SOLARIS ENERGY INFRASTRUCTURE, INC.
By:		/s/ Kyle S. Ramachandran
Name:		Kyle S. Ramachandran
Title:		President and Chief Financial Officer

FAQ

What agreement did Solaris Energy Infrastructure (SEI) sign in this 8-K?

Solaris reported a Master Equipment Rental Agreement between subsidiary Solaris Power Solutions and Hatchbo, LLC. The deal covers supplying power generation equipment to support Hatchbo’s artificial intelligence data center power needs under long-term rental arrangements with defined termination and guaranty provisions.

How much power capacity is covered under Solaris Energy Infrastructure’s new AI data center agreement?

The Agreement calls for Solaris Power Solutions to provide over 500 megawatts of power generation equipment. This large capacity is intended to support the customer’s artificial intelligence computing demand at its data centers under a long-term rental structure with potential extension.

What is the term of Solaris Energy Infrastructure’s rental agreement with Hatchbo, LLC?

The initial rental term is scheduled to start on January 1, 2027 and run for ten years, unless replaced sooner by a separate power purchase or similar agreement. The customer also has an option to extend the rental term for one additional five-year period.

Can the customer terminate the Solaris Energy Infrastructure rental agreement early?

Yes. The customer may terminate the Agreement, in whole or in part, for convenience with 30 days’ prior written notice, assuming no ongoing default. If the customer terminates, it must pay a termination amount equal to 50% of remaining rental fees on the affected equipment.

What guaranty supports Solaris Energy Infrastructure’s rental fees under the new agreement?

The customer’s parent company has provided a guaranty capped at 50% of the total rental fees for the initial rental term. This cap decreases ratably each year, but the guaranteed amount remains at least 50% of the future total rental fees through the initial rental term.

Will Solaris Energy Infrastructure pursue a power purchase agreement related to this rental deal?

The Agreement states the parties will work together in good faith to negotiate a power purchase or similar agreement. That agreement would have a term ending no earlier than the rental term and would involve Solaris owning, installing, operating, and maintaining the power equipment and related facilities.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 2.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 17.6 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 11.0 KB