Simpson Thacher advised the administrative agent and lead arrangers, led by MUFG Bank, Ltd., with respect to Solaris Energy Infrastructure, LLC’s (“Solaris”) $650 million revolving credit facility (the “Credit Facility”). Proceeds from the new financing, combined with expected cash flow from operations, are expected to fund the Company’s current capital expenditure commitments.
Solaris, a Delaware limited liability company, is a direct, wholly-owned subsidiary of Solaris Energy Infrastructure, Inc. Solaris delivers power generation and distribution solutions, and logistics equipment and services, serving clients in the data center, energy, and other commercial and industrial sectors.
The Simpson Thacher team included Erland Modesto, Brandon Barton, Brian Flynn, Kaylee Yocum and Walker Montjoy (Banking and Credit); Mike Isby (Environmental); Tim Gallagher (Real Estate); and George Gerstein (ERISA).