Sintana Energy Receives Court Approval for Challenger Acquisition, Effective December 16, 2025
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
Updated: 1 hour ago
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Source: Globenewswire
- Acquisition Approval: Sintana Energy has announced that its acquisition of all ordinary shares of Challenger has received TSXV approval, expected to become effective on December 16, 2025, thereby enhancing Sintana's market position and expanding its asset base.
- Timeline for Transactions: According to the announcement, Challenger shareholders must register by 6:00 PM on December 15, 2025, to ensure they receive new Sintana shares upon the acquisition's effectiveness, further driving shareholder value.
- Shareholder Rights Protection: Challenger shareholders will receive 20,043,463 new Challenger shares as per the court-sanctioned scheme, ensuring all participants' rights are protected and boosting market confidence.
- Market Reaction Expectations: Following the acquisition's effectiveness, Challenger shares are expected to be suspended from trading on AIM, while new Sintana shares will commence trading on TSXV, potentially triggering positive investor reactions and enhancing the overall valuation of the company.
SEI.N$0.0000%Past 6 months

No Data
Analyst Views on SEI
Wall Street analysts forecast SEI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SEI is 63.67 USD with a low forecast of 56.00 USD and a high forecast of 71.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast SEI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SEI is 63.67 USD with a low forecast of 56.00 USD and a high forecast of 71.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 54.080

Current: 54.080

NULL -> Overweight
initiated
$68
Reason
Morgan Stanley initiated coverage of Solaris Energy with an Overweight rating and $68 price target. The firm says the company provides onsite power for data centers, enabling faster time to power by avoiding electric grid bottlenecks. Solaris Energy's generation equipment has been secured through 2028, its business model builds creates cash flows, and the stock is pricing in only limited growth beyond 2028, the analyst tells investors in a research note.
Piper Sandler
Derek Podhaizer
Overweight
maintain
$50 -> $65
Reason
Piper Sandler
Derek Podhaizer
Piper Sandler analyst Derek Podhaizer raised the firm's price target on Solaris Energy to $65 from $50 and keeps an Overweight rating on the shares. The firm notes the company added another 500MW to raise its total capacity to 2.2GW by early 2028, resulting in 900MW of available capacity, supporting the company's efforts to secure its second data center contract. Although the stock has come under pressure recently, Piper still favors the story and believes investors are waiting on the next catalyst to reengage.
NULL -> Overweight
upgrade
$44 -> $61
Reason
Barclays raised the firm's price target on Solaris Energy to $61 from $44 and keeps an Overweight rating on the shares.
Overweight
downgrade
$51 -> $50
Reason
Piper Sandler lowered the firm's price target on Solaris Energy to $50 from $51 and keeps an Overweight rating on the shares. The main themes shaping Power Services include market bifurcation and regulatory tailwinds, the analyst tells investors in a research note. Regulatory tailwinds are mounting, including the recent inaugural Pennslyvania Energy and Innovation Summit and Texas Senate Bill 6, and while both promote and support the growth efforts for AI data centers, they reducing risk to the grid, favoring distributed power generation solutions, Piper says.
About SEI
Solaris Energy Infrastructure, Inc. provides mobile and 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. Its segments include Solaris Power Solutions and Solaris Logistics Solutions. The Solaris Power Solutions segment offers configurable sets of natural gas-powered mobile turbines and ancillary equipment. This segment leases equipment to data center and oilfield customers and is focused on continuing to grow its services with these customers as well as across multiple commercial and industrial end-markets. The Solaris Logistics Solutions segment designs and manufactures specialized equipment that enables the management of raw materials used in the completion of oil and natural gas wells. Its equipment-based logistics services include field technician support, software solutions, and also include last mile and mobilization services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.