SCHEDULE 13G/A: Summit Partners Group Discloses 5.22% Beneficial Ownership in Solaris Energy Infrastructure

A group of entities and individuals associated with Summit Partners have filed an amended Schedule 13G, reporting a collective beneficial ownership of 5.22% in Solaris Energy Infrastructure, Inc.'s Class A Common Stock as of March 31, 2025.

Summary

• Summit Partners Public Asset Management, LLC and affiliated entities and individuals (collectively, the "Reporting Persons") have filed an Amendment No. 2 to Schedule 13G regarding their beneficial ownership in Solaris Energy Infrastructure, Inc.
• As of March 31, 2025, the Reporting Persons collectively beneficially own 1,985,844 shares of Solaris Energy Infrastructure, Inc.'s Class A Common Stock, representing 5.22% of the class.
• The ownership percentage is calculated based on 38,014,098 outstanding shares of Common Stock as reported in Solaris Energy Infrastructure, Inc.'s 10-K filed on March 5, 2025.
• Summit Partners Public Asset Management, LLC holds shared voting power over 1,664,084 shares and shared dispositive power over 1,985,844 shares.
• Summit Partners, L.P. holds shared voting and dispositive power over 1,664,084 shares, representing 4.38% of the class.
• Summit Partners Concentrated Growth L/S Master Fund, L.P. holds shared voting and dispositive power over 388,240 shares, representing 1.02% of the class.
• Summit Partners Sustainable Opportunities L/S Fund Limited holds shared voting and dispositive power over 571,738 shares, representing 1.50% of the class.
• Summit Partners Sustainable Opportunities L/S QP Fund, L.P. holds shared voting and dispositive power over 684,956 shares, representing 1.80% of the class.
• Summit Partners Sustainable Opportunities L/S Fund, L.P. holds shared voting and dispositive power over 19,150 shares, representing 0.05% of the class.
• Summit Partners Alydar GP, L.P. and Summit Partners Alydar GP, LLC each hold shared voting and dispositive power over 1,092,346 shares, representing 2.87% of the class.
• Philip Furse, Timothy Albright, Robert MacAulay, and Matthew Curtis, through their roles at SPPAM, are deemed to have shared voting power over 1,664,084 shares and shared dispositive power over 1,985,844 shares, each representing 5.22% of the class.
• Summit Partners Technology L/S Master Fund, L.P. no longer has any beneficial ownership of the Class A Common Stock as of March 31, 2025.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, providing no explicit positive or negative sentiment regarding the company's performance or outlook.

Risks

• The Reporting Persons certify that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Solaris Energy Infrastructure, Inc., nor in connection with any transaction having that purpose or effect, other than activities solely related to a nomination under Rule 14a-11.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

NA

Corporate Governance

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and trading activity.

Key Dates

Keywords

Solaris Energy Infrastructure, Summit Partners, Schedule 13G, beneficial ownership, Class A Common Stock, SEC filing, institutional investor, equity stake, investment management