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HOUSTON--(BUSINESS WIRE)--Dec 4, 2024-- Solaris Energy Infrastructure, Inc. (NYSE:SEI) (“Solaris” or the “Company”), today announced a financial and operational update for the fourth quarter 2024 as well as updates to its growth capital program to further support the Solaris Power Solutions segment in response to rapidly evolving customer demand. Fourth Quarter 2024 Financial and Operational Update The Company is increasing its fourth quarter 2024 Adjusted EBITDA* guidance to a range of $36 million to $39 million, compared to its prior expectation for a range of $33 million to $36 million. The primary drivers behind the updated range are continued enhanced utilization levels and improved cost absorption in the Solaris Power Solutions segment. The Company expects to deploy an average of approximately 250 MW during the fourth quarter, which reflects full utilization of its currently available asset base. In its Solaris Logistics Segment, the Company expects results to be relatively in line with expectations, which should continue to support strong total company operating cash flow generation in the fourth quarter. Solaris Power Solutions Growth Capital Update The Company recently placed orders for 9 additional 16.5 megawatt (“MW”) gas-fired turbines to support rapidly accelerating customer demand, totaling approximately 145 MW in incremental generation capacity. Solaris now expects to exit first quarter 2026 with approximately 680 MW of generation capacity. The Company expects to invest up to $120 million for the new turbine order, including ancillary equipment. Additionally, the Company expects to invest approximately $40 million in Selective Catalytic Reduction (“SCR”) technology to further enhance the emissions profile of the fleet in support of multi-year installations on selected locations. This expected approximately $160 million growth capital investment should occur primarily over the course of 2025, with equipment deliveries scheduled to occur from fourth quarter 2025 through first quarter 2026. “Demand for Solaris’ power-as-a-service offering continues to exceed our available capacity, providing us with the confidence to place this additional equipment order,” commented Bill Zartler, Solaris’ Chairman and Chief Executive Officer. “Additionally, the increasing site design and engineering complexities associated with the extending tenor of our contract fixtures presents an opportunity for Solaris to offer incremental ‘balance of plant’ equipment, such as the emissions control technology, that complements our power generation offering and is expected to enhance returns. This new equipment order will provide Solaris’ customers with near-term solutions in support of some of the most demanding ‘behind-the-meter’ power applications in operation today.” Footnotes: * Non-GAAP financial measure. Please see “About Non-GAAP Measures” below. About Solaris Energy Infrastructure, Inc. Solaris Energy Infrastructure, Inc. (NYSE:SEI) provides scalable equipment-based solutions for use in distributed power generation as well as the management of raw materials used in the completion of oil and natural gas wells. Headquartered in Houston, Texas, Solaris serves multiple U.S. end markets, including energy, data centers, and other commercial and industrial sectors. Additional information is available on our website, solaris-energy.com . Forward Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Examples of forward-looking statements include, but are not limited to, statements with respect to the Company’s expectations of business plans, strategies, objectives and anticipated financial and operating results of the Company for the three months ending December 31, 2024, including the Company’s future profitability, expected capital expenditures and the impact of such expenditures on performance, current and potential future long-term contracts, the Company’s business and financial performance and results of operations and other guidance included in this press release, and the other risks discussed in Part I, Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on February 27, 2024 and in Part II, Item 1A. “Risk Factors” in our Quarterly Report on Form 10-Q for the quarters ended June 30, 2024 and September 30, 2024 filed with the SEC on August 9, 2024 and November 7, 2024, respectively. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, our actual results may differ materially from those contemplated by the forward-looking statements. Factors that could cause our actual results to differ materially from the results contemplated by such forward-looking statements include, but are not limited to the factors discussed or referenced in our filings made from time to time with the SEC. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. About Non-GAAP Measures Management believes that Adjusted EBITDA provides useful information to investors regarding the Company’s financial condition and results of operations because it reflects the core operating results of the Company’s businesses and helps facilitate comparisons of operating performance across periods. We define EBITDA as net income, plus (i) depreciation and amortization expense, (ii) interest expense and (iii) income tax expense. We define Adjusted EBITDA as EBITDA plus (i) stock-based compensation expense and (ii) certain non-cash items and extraordinary, unusual or non-recurring gains, losses or expenses. Although management believes the aforementioned non-GAAP financial measure is a good tool for internal use and the investment community in evaluating Solaris’s overall financial performance, the foregoing non-GAAP financial measure should be considered in addition to, not as a substitute for or superior to, other measures of financial performance prepared in accordance with GAAP. However, no reconciliations of this non-GAAP measure to its most directly comparable GAAP measure is available without unreasonable efforts. This is due to the inherent difficulty of forecasting the timing or amount of various reconciling items that would impact the most directly comparable forward-looking GAAP financial measure, that have not yet occurred, are out of our control and/or cannot be reasonably predicted given we have not completed any reporting processes for the period presented. Preliminary Estimate This press release provides a preliminary estimate of our Adjusted EBITDA for the three months ending December 31, 2024. This preliminary estimate is derived from our internal records and is based on the most current information available to management. Our normal reporting processes with respect to the foregoing preliminary estimate have not been fully completed and, during the course of our review process on this preliminary estimate, we could identify items that would require us to make adjustments and which could affect our final results. Any such adjustments could be material. This preliminary estimate has not been audited or reviewed by our independent auditors nor have our independent auditors performed any procedures with respect to this information or expressed any opinion or any form of assurance on such information. View source version on businesswire.com : https://www.businesswire.com/news/home/20241204678559/en/ CONTACT: Yvonne Fletcher Senior Vice President, Finance and Investor Relations (281) 501-3070 IR@solaris-energy.com KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: ENGINEERING OTHER ENERGY UTILITIES OIL/GAS MANUFACTURING ENERGY MACHINERY SOURCE: Solaris Energy Infrastructure, Inc. Copyright Business Wire 2024. PUB: 12/04/2024 06:29 PM/DISC: 12/04/2024 06:28 PM http://www.businesswire.com/news/home/20241204678559/enSMU to visit Penn State with Boise State awaiting winner in Fiesta Bowl

Article content Two games (per team) into the 30-game schedule of Season 2 in the PWHL, and already trends are starting to develop. The parity in the league is well beyond what it was in Year 1 with all six teams able to ice a team capable of winning against any other on any given night. Here’s a look at some of the newer tendencies and trends we are seeing in the league in these early stages. SPECIAL TEAMS MORE IMPORTANT First it was the jailbreak rule introduced to encourage offence, even while a team was shorthanded. This season, teams had the incentive to produce even more offence when the league added the No Escape Rule, which forces a team to leave its remaining players on the ice at the time of an infraction for the next faceoff. The combination of the two rule changes have taken the focus teams were already placing on special teams and multiplied it. Through two games, the undefeated New York Sirens share the league lead with a power play operating at 40% success and a penalty kill unit that has yet to be scored on in five opportunities. The Sirens have scored eight goals this season, two of them with a player advantage and one short-handed for one of two Jailbreak goals in the league so far this season. Winless Boston, by contrast, has just one power-play goal to show for two games, and has scored a total of just two goals this season. It’s a real advantage for a team with a good power play, particularly in those opening moments of the player advantage when a team can be going up against an opponent without its set penalty kill unit out there, or worse, when a team gets stuck with three forwards and a lone defender after a penalty. POWER LINES IN VOGUE Look no further than the Sirens’ top trio of Alex Carpenter, Sarah Fillier and Jessie Eldridge as proof of what loading up one line can do for a team. The trio are 1-2-3 in league scoring and tearing things up with six goals and seven assists among them. In Toronto, head coach Troy Ryan has opted to stay with Sarah Nurse between free agent signing Daryl Watts and Izzy Daniel, and that line has produced for him with three goals over two games. In Boston, Hillary Knight was on a line with Alina Muller and rookie Hannah Bilka which was looking dangerous with two goals but now may be without Muller after Boston’s leading scorer from Year 1 had to leave Wednesday’s game following a vicious hit to her head by Minnesota defender Maggie Flaherty. Ottawa’s big line has yet to be identified with Brianne Jenner not in the lineup for the first two games. Whether head coach Carla MacLeod simply replaced Watts spot on last year’s top line with Tereza Vanisova, who is off to a great start, or goes a different direction, she certainly has the option to load up a line that will be the focus of every opponent’s scout. And don’t sleep on Montreal and the defending champs from Minnesota. Marie-Philip Poulin, Laura Stacey and Lina Ljungblom are just starting to find some cohesion in La Belle Province, while in Minnesota, head coach Ken Klee is so far resisting putting all his top gunners on one line, but it’s still early. ROOKIES ARE PRODUCING There’s a reason Fillier was a consensus first-overall pick long before the draft began. Everyone knew the Princeton grad and young veteran of three world championships and two Olympics for Canada would be putting up numbers right out of the game. Through two games Fillier, the Georgetown, Ont., native has a league-best five points on two goals and three assists playing on New York’s top line. She’s not the only newcomer turning heads. Dominique Petrie, a former Clarkson and Harvard standout, was a fifth-round pick by the Frost and is already paying dividends with two goals in two games. Montreal wasn’t sure if defender Cayla Barnes, its first-round pick in the draft, would be ready to start the season after she was injured in the Rivalry Series. But Barnes got penciled in and didn’t disappoint, with a goal and an assist in the first two games for the Ohio State defender. In Toronto, Daniel, a third-round pick, already has her first goal and is looking more and more comfortable with each passing shift on a line with Nurse and Watts. mganter@postmedia.comBy Amy Tennery NEW YORK (Reuters) – The FBI has warned the NBA that many recent home burglaries targeting professional athletes and high net worth individuals may be connected to sophisticated, transnational theft rings, the league said in a memo obtained by Reuters on Friday. Two players in the NBA had their homes broken into in recent weeks, according to media reports, along with the NFL’s twice MVP Patrick Mahomes and his Kansas City Chiefs teammate Travis Kelce, who is dating pop superstar Taylor Swift. The memo, which the NBA directed to teams across the league, advised that players should install updated security systems and utilize protective guard services when they are away from home for extended periods of time. “NBA Security received a briefing from the Federal Bureau of Investigation (‘FBI’) that connected many of the home burglaries to transnational South American Theft Groups (‘SATGs’),” the memo read. “These SATGs are reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” The FBI said that the homes that were broken into were all unoccupied and, in most cases, were equipped with alarm systems that had not been activated, according to the memo. The FBI did not immediately respond to a request for comment. The memo is similar in nature to a document that the NFL sent this week, in which the league advised players to ramp up home security. Around-the-clock media reports and team schedules make it easy to know when players are on the road for extended periods of time and the NFL urged players to exercise caution in what they post to social media. The NFL said that surveillance tactics included attempted home deliveries and individuals posing as joggers or home maintenance workers. (Reporting by Amy Tennery in New York, additional reporting by Sarah Lynch in Washington, D.C.) Disclaimer: This report is auto generated from the Reuters news service. 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Mueller water products VP Smith sells $653,306 in stockWith more than half of the 16 teams still mathematically alive to make the conference championship game, the Big 12 will command a lot of attention in the final week of the regular season. No. 14 Arizona State and No. 17 Iowa State would play for the Big 12 title and likely College Football Playoff spot on Dec. 7 if they both win Saturday and there's a four-way tie for first place. There are seven other teams that begin this week with hopes, slim in most cases, of getting into the game at AT&T Stadium in Arlington, Texas. Last week it was No. 19 BYU and No. 23 Colorado that had the inside track to the championship game. Arizona State beat the Cougars and Kansas knocked off the Buffaloes, and here we are. "Everybody counted us out, I think, two weeks ago," Iowa State coach Matt Campbell said after his team beat Utah 31-28. "We didn't flinch. We didn't waver. And we just keep fighting." The Cyclones were national darlings the first half of the season as they won seven straight games to match the best start in program history. Back-to-back losses to Texas Tech and Kansas followed. Now they've won two straight heading into "Farmageddon," their rivalry game against Kansas State at home. "Right now they've got the pen and they continue to write the story," Campbell said of his players, "and I hope they will continue to write it the way they've got the ability to write it. Unwavering. Tough, mentally tough, physically tough. This group has stood for it every step of the way." Arizona State has been an even better story than the Cyclones. The Sun Devils have six more wins than they did last season, when they went 3-9. They were picked to finish last in their first year in the Big 12. They'll go for their fifth straight victory when they play at Arizona on Saturday. "These guys came off no momentum and everybody doubting them, and everybody is still doubting them. That's what makes this special," second-year coach Kenny Dillingham said. "Hopefully the expectations become higher. I don't know if there's a way we can exceed expectations more than we're exceeding them right now." Checking in on five of the Top 25: The Ducks were idle Saturday after clinching a spot in the Big Ten championship game with their win at Wisconsin on Nov. 16. Oregon can go 12-0 in the regular season for the first time since 2010 if it beats Washington at home this week. Oregon's only two losses last season came against the Huskies, both decided by three points. The first was a top-10 matchup in the regular season and the second was a top-five matchup in the Pac-12 championship game. The Ducks are 19 1/2-point favorites this time, according to BetMGM Sportsbook. The Buckeyes' showdown with upstart Indiana combined with Michigan's dropoff after winning the national championship have lowered the volume on this week's meeting with the Wolverines at the Horseshoe. If Michigan beats Ohio State a fourth straight time and it keeps the Buckeyes out of the Big Ten championship game and playoff ... well, there'll be lots of noise in Columbus then. The Lone Star Showdown returns to the gridiron for the first time since 2011, when Texas and Texas A&M were in the Big 12. The Longhorns head to No. 20 Texas A&M on a four-game win streak. The Aggies have lost two of three after Saturday's four-overtime loss at Auburn. The winner advances to the Southeastern Conference championship game against Georgia. The Broncos are tied with Notre Dame for the second-longest active win streak, at nine games, and they seem to have adopted a survive-and-advance mantra. They trailed 23-point underdog Wyoming in the fourth quarter before winning 17-13 and clinching a spot in the Mountain West championship game. They won their previous game, 42-21 against San Jose State, but didn't pull away until the fourth quarter. Two weeks ago they beat a three-win Nevada team 28-21. Just when you think Illinois is about to cash in for the season, they do what they did against Rutgers. The Illini were down 31-30 when they lined up for a 58-yard field goal with 14 seconds left. Ethan Moczulski missed. But wait. Rutgers called timeout before the snap, and Bret Bielema thought better of trying another kick and sent his offense back on the field. Luke Altmyer passed to Pat Bryant for the winning 40-yard touchdown. The Illini won't play for the Big Ten title, but they have a chance for nine wins and a nice bowl. Ohio State played in three of the five regular-season top-five matchups and won three of them. The Buckeyes lost to Oregon and beat Penn State and Indiana. ... Kansas' 37-21 win over Colorado made the Jayhawks the first FBS team with a losing record to beat three straight Top 25 opponents. The Jayhawks, who were 2-6 a month ago, will be bowl eligible if they win at Baylor. ... Nebraska ended the longest power conference bowl drought with its 44-25 win over Wisconsin. The Cornhuskers haven't played in a bowl since 2016. Be the first to know Get local news delivered to your inbox!Rep. Marjorie Taylor Greene is the latest lawmaker targeted by a bomb threat