Solaris Energy Infrastructure Announces the Acquisition of HVMVLV, a Specialty Provider of Power Control and Distribution Solutions
Solaris Energy Infrastructure, Inc. (NYSE:SEI) ("Solaris" or the "Company"), today announced the acquisition of HVMVLV, LLC ("HVMVLV"), a specialty provider of complex and fast-turnaround electrical control and distribution equipment along with associated technical design and engineering services. HVMVLV is one of Solaris' strategic partners and was acquired from existing management, who will remain with the Solaris team and provide significant technical expertise as the Company advances its Power-as-a-Service strategy.
Transaction Highlights and Strategy
Strengthens Solaris' Power-as-a-Service Offering. Internalizes key capabilities related to the distribution and voltage regulation o