Solaris Invests in Nuclear Startup Deployable Energy to Commercialize Microreactors
SEI has more than doubled off its 52-week low of $24.57.
Summary
Solaris Energy Infrastructure has made an equity investment in Deployable Energy, a private microreactor developer, and will collaborate on commercializing its small modular reactor technology. The deal gives Solaris early exposure to next-generation nuclear power, complementing its existing distributed energy infrastructure business. This follows Solaris's recent $2B financing package and the $249M acquisition of Global Energy Services Alliance, signaling an aggressive expansion into power generation. The partnership targets growing demand for reliable, always-on power in defense, industrial, and data center markets. Financial terms of the investment were not disclosed.
At the time of this announcement, SEI was trading at $58.45 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $4.3B. The 52-week trading range was $24.57 to $86.19. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.