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HOUSTON - Solaris Energy Infrastructure, Inc. (NYSE:SEI), a $1.87 billion market cap company with strong revenue growth of 63% over the last twelve months, announced Monday it has acquired HVMVLV, LLC, a specialty provider of electrical control and distribution equipment along with technical design and engineering services. According to InvestingPro data, the company maintains a healthy liquidity position with a current ratio of 3.11.
The acquisition internalizes key capabilities related to distribution and voltage regulation of complex power loads, according to a company press release. HVMVLV was acquired from its existing management team, who will remain with Solaris to provide technical expertise as the company advances its Power-as-a-Service strategy.
HVMVLV’s solutions are used across multiple industries including hospitality, healthcare, data centers, utilities, and energy. The company’s balance-of-plant solutions work with all electricity use cases regardless of generation source.
"We’re excited to welcome and integrate the HVMVLV team to Solaris," said Bill Zartler, Solaris’s Chairman and Chief Executive Officer. "We believe this acquisition enhances our existing offering, strategically positions us to enter new end markets, and accelerates cross-selling opportunities for Solaris’s Power-as-a-Service offering."
Solaris Energy Infrastructure provides mobile and scalable equipment-based solutions for distributed power generation and management of raw materials used in oil and natural gas well completion. The Houston-based company serves multiple U.S. end markets including energy, data centers, and other commercial and industrial sectors.
The financial terms of the acquisition were not disclosed in the company’s statement.
In other recent news, Solaris Energy Infrastructure reported strong financial results for the second quarter of 2025, significantly exceeding market expectations. The company achieved an earnings per share of $0.34, surpassing the forecasted $0.21 by 61.9%. Revenue for the quarter reached $149.3 million, exceeding predictions by 21.18%. Additionally, Solaris Energy reported an adjusted EBITDA of $60.6 million, outperforming analyst estimates from both Raymond James and the broader market. The company’s Power Solutions segment was a key contributor, delivering an adjusted EBITDA of $45.7 million. In light of these results, Raymond James raised its price target for Solaris Energy from $38 to $41, maintaining an Outperform rating. Furthermore, Solaris Energy announced a dual listing of its Class A common stock on NYSE Texas, while retaining its primary listing on the New York Stock Exchange.
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