Solaris Lands 10-Year 500 MW Data-Center Power Lease as Shares Hit Record

The Hatchbo agreement spotlights a Power Solutions push that has lifted Solaris’s near-term EBITDA outlook.

Overview

Solaris Power Solutions signed a 10-year rental deal with Hatchbo to provide 500 MW of generation equipment for data centers, beginning January 1, 2027, with an option to extend five years.
The stock touched an intraday all-time high of $61.36 and closed up about 10% at $56.63 following disclosure of the agreement.
Ranger Investment Management reported buying 197,073 Solaris shares, an estimated $9.53 million transaction that increased its disclosed position.
Management raised guidance to $65 million–$70 million in fourth-quarter adjusted EBITDA and $70 million–$75 million for the first quarter of 2026, with full-year and Q4 2025 results due February 25.
Power Solutions posted strong momentum last quarter with $105 million in revenue and $58 million in segment adjusted EBITDA, while the company issued $748 million of 0.25% convertible notes and repaid a $325 million term loan.