Solaris Energy Infrastructure Acquires Omega Foundation Services

07:42 AM EDT, 09/02/2026 (MT Newswires) -- Solaris Energy Infrastructure (SEI) said Wednesday that it has acquired Omega Foundation Services, a specialized engineering, procurement and construction company with expertise in heavy civil construction, including large-scale data centers. Solaris said the deal brings in specialized EPC personnel and creates growth opportunities across the data center, liquefied natural gas, industrial and government sectors. The acquisition expands Solaris' turnkey power capabilities across site services, plant installation and commissioning, and electrical substation development, it said. The transaction was funded with approximately $101 million in net cash, $28 million in assumed debt and leases, and about 3.6 million Class A Solaris shares, the company said. Solaris said it expects the deal to immediately accrete to earnings and free cash flow per share.