Solaris Energy Infrastructure assumed with an Overweight at Piper Sandler

Piper Sandler assumed coverage of Solaris Energy Infrastructure (SEI) with an Overweight rating and $37 price target The company finds itself at the center of the “electrification of everything movement,” including increasing power generation demands from generative artificial intelligence data centers, the analyst tells investors in a research note. The firm says that as power demands increase and grid connectivity wait times extend, distributed power generation initially viewed as temporary bridge power likely becomes more permanent. Solaris is “well positioned to catch industry tailwinds,” contends Piper.