Solaris Energy rises 15% on Barclays upgrade, new capacity boost

Solaris Energy shares hit a one-year high, surging 15% after Barclays raised its price target to $74. The bank maintained an 'Overweight' rating, citing an imminent third hyperscaler contract and the addition of 900 MW of natural gas capacity. Solaris funded this expansion through cash, stock, and debt, boosting its total generation capacity.