Simpson Thacher advised the lead arrangers, led by Goldman Sachs Bank USA, with respect to Solaris Energy Infrastructure, LLC’s (“Solaris”) $300 million senior secured term loan facility (the “Bridge Facility”). Solaris will use the proceeds of the Bridge Facility to support near-term cash requirements and ongoing operations as it implements a more permanent capital structure.
Solaris, a Delaware limited liability company, is direct, wholly-owned subsidiary of Solaris Energy Infrastructure, Inc. Solaris is a provider of mobile power, fuel logistics and infrastructure solutions serving the energy, data center and industrial sectors across North America.
The Simpson Thacher team included Erland Modesto, Brandon Barton, Brian Flynn, Kaylee Yocum, Erin Vogt, and Walker Montjoy (Banking and Credit); Mike Isby (Environmental); and Jon Pall (UCC).