10/06/2025 | Press release | Distributed by Public on 10/06/2025 14:43
Item 1.01. |
Entry into a Material Definitive Agreement. |
Revolving Credit Facility Amendment
On October 6, 2025, we entered into the third amendment (the "Revolver Amendment") to our loan, security, and guaranty agreement (the "Revolving Credit Facility") with Bank of America, N.A. as agent and the lenders party thereto. The Revolver Amendment permits, among other things, the issuance of certain convertible debt and related derivative securities.
Item 2.03. |
Creation of a Direct Financial Obligation or an Obligation under an Off-BalanceSheet Arrangement of a Registrant. |
The information provided under Item 1.01 of this Current Report on Form 8-Kunder the subheader "Revolving Credit Facility Amendment" is incorporated into this Item 2.03 by reference.
Item 8.01. |
Other Events. |
Also, on October 6, 2025, the Company provided certain updated disclosures, as set forth below.
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Solaris Power Solutions Turbine Expansion Opportunity
We have identified an opportunity to purchase approximately 80 MW of immediately available turbine capacity new from a manufacturer that, when combined with our currently available on-ordercapacity scheduled for delivery in the second half of 2026, will increase available turbine capacity to approximately 500 MW.
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