Solaris acquires GESA for ~$55M cash plus 2.9M shares to expand power generation services

Filed July 6, 2026 · Period ending July 1, 2026 · ~1 min read

Key Changes

• high

  Acquired Global Energy Services Alliance for ~$55M cash (including debt assumption/repayment, subject to adjustments) plus 2,880,682 Class A shares; management expects the deal to be accretive to earnings and free cash flow per share.

  Item 3.02 — Unregistered Sales of Equity Securities verify on EDGAR →
• high

  GESA combines Baseload Power (U.S. aftermarket solutions) and Pro-Per Energy Services (global installation and O&M), expanding Solaris' capabilities to deliver full-cycle power generation services including installation, commissioning, operations, and maintenance.

  Exhibit 99.1 verify on EDGAR →
• medium

  Acquisition enables Solaris to serve domestic and international third-party customers across grid-connected, co-located across-the-meter, and behind-the-meter power installations, entering new customer segments and geographies.

  Exhibit 99.1 verify on EDGAR →