Solaris Energy Infrastructure (SEI) completed nearly $2 billion in financing transactions and expanded an existing power contract, strengthening its growth and capital position, the company said Wednesday.

The company said it closed a $1.3 billion senior unsecured bond offering and a $650 million revolving credit facility, with proceeds and operating cash flow expected to fully fund its current capital expenditure plans.

Solaris said it expanded an existing contract by 130 megawatts and increased balance-of-plant scope, lifting total project investment by over 60% while keeping a 10-year term plus a five-year extension option.

Shares of Solaris were down 1.7% in early Wednesday trading.

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