Solaris Energy Stock Soars As Momentum Score Jumps On Massive Power Expansion

Solaris Energy Infrastructure Inc. (NYSE: SEI) experienced a significant stock surge as its momentum score increased from 30.24 to 96.19. The company plans to expand its natural gas-fired power capacity by approximately 900 MW by 2029, raising total capacity to about 3,100 MW through the acquisition of Genco Power Solutions and the purchase of 30 turbine delivery slots. Additionally, Solaris secured a $300 million credit facility to support this expansion, with a projected increase in EBITDA of around $300 million by 2038.