Why it matters
The strategic read
Adds one of the clearest behind-the-meter power receipts in the current AI buildout. Solaris is not announcing a generic growth pipeline; SEC-filed materials describe executed, fixed-fee contracts with investment-grade technology customers, balance-of-plant scope, multi-site deployments, termination protections, and a fleet scaling toward 3.1 GW by 2029.
Source-supported terms
What was disclosed
- 01
Solaris said it has entered into three significant agreements to provide power generation capacity for data-center customers in the artificial intelligence computing sector.
- 02
The Stateline arrangement will provide approximately 900 MW of off-grid power generation capacity to a data-center customer, with deliveries expected through the first quarter of 2027.
- 03
The February 2026 Hatchbo agreement initially provided over 500 MW of power generation equipment to an affiliate of an investment-grade global technology company and is expected to expand to more than 632 MW with additional balance-of-plant scope.
- 04
The April 24, 2026 Customer C agreement provides more than 600 MW of power capacity, including transformers, batteries, switchgear and other balance-of-plant equipment, to an affiliate of an investment-grade technology company.
- 05
Customer C deployments are expected across multiple continental U.S. sites beginning in the second half of 2026.
- 06
Solaris says the three contracts total more than 2,000 MW and reflect long-term power agreements with global technology customers.
- 07
The company also disclosed more than 2,200 MW of long-term contracted capacity across multiple distinct large technology customers and an expected operated fleet of about 3,100 MW by the end of 2029.
- 08
Solaris said the contracts are predominantly fixed-fee, mostly 7- to 10-year tenors with extension options, and include termination protections equal to 50% of remaining undiscounted revenue obligation.
Disclosure boundary
What is known—and what is not
Primary SEC-filed company release, 10-Q and offering memorandum summary; customer identities, exact site locations, full master equipment rental agreements, pricing schedules, fuel supply terms, emissions permits, grid interaction details, construction/EPC partners and delivery-by-site milestones are not public.