Solaris Closes $325M Omega Acquisition, Issues 3.6M Shares
SEI has more than doubled off its 52-week low of $24.57.
Summary
Solaris Energy Infrastructure closed its acquisition of Omega Foundation Services for approximately $325 million in cash plus 3.6 million shares, adding specialized EPC capabilities to its power infrastructure platform.
Key Events · M&A and Partnerships · SEI
-
Omega Acquisition Closed
Solaris completed the acquisition of Omega Foundation Services, a specialized EPC provider, on September 1, 2026, expanding into heavy civil construction and data center infrastructure.
-
Consideration Structure
Total consideration includes $325 million base cash, $196.8 million in equity value (3,599,199 Class A shares at $54.671 per share), a $15 million holdback, and a $40.6 million indemnification cap.
-
Immediate Accretion Expected
Management expects the acquisition to be immediately accretive to earnings and free cash flow per share, funded through approximately $101 million net cash, $28 million debt and lease assumption, and the share issuance.
-
180-Day Lockup on Equity
The seller is subject to a 180-day lockup on the equity consideration, with a longer restriction on indemnity shares, limiting near-term selling pressure.
Analysis · SEI · Energy & Transportation
Solaris Energy Infrastructure completed its acquisition of Omega Foundation Services, a specialized EPC provider, on September 1, 2026. The deal closed with $325 million in base cash consideration, $196.8 million in equity value (3,599,199 Class A shares), a $15 million holdback, and a $40.6 million indemnification cap. The acquisition expands Solaris's power infrastructure capabilities into heavy civil construction and data center EPC work, and management expects it to be immediately accretive to earnings and free cash flow per share. The 180-day lockup on the equity consideration limits near-term selling pressure from the seller.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 35.6% of the 1819 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SEI was trading at $63.96 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $4.9B. The 52-week trading range was $24.57 to $86.19. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.