Caterpillar Signs Long-Term Collaboration Agreement with Hunt Energy for Data Center Power Production

Caterpillar has signed a long-term strategic collaboration agreement with Hunt Energy Company to produce independent and efficient power for data centers. The partnership involves Caterpillar providing gas and diesel production equipment, gas turbines, switchgear, controls, aftertreatment, and engineering design services. The first project is expected to launch in Texas, marking the start of a multi-year initiative to provide up to 1 GW of production capacity for data centers in North America.

Caterpillar Inc. (NYSE: CAT) and Hunt Energy Company, L.P. (Hunt Energy) have announced a long-term strategic collaboration agreement aimed at delivering highly efficient, independent energy production for data centers. The partnership, which leverages Caterpillar's power systems expertise and Hunt Energy's infrastructure development capabilities, aims to meet the demanding "always-on" needs of data centers [1][2][3].

Caterpillar will contribute its diverse portfolio of power solutions, including natural gas and diesel generation equipment, gas turbines, switchgear, controls, aftertreatment, and engineering design services. The company will also provide leading-edge monitoring and servicing capabilities, ensuring uninterrupted power delivery, with or without a connection to the power grid. Hunt Energy, on the other hand, will bring its deep expertise in infrastructure development, project financing, and operational execution, along with significant experience in battery energy storage (BESS) projects, having deployed over 310 MWs of BESS solutions in the last four years [1][2][3].

The first project is expected to launch in Texas, marking the start of a multi-year initiative to deliver up to 1GW of power generation capacity for data centers across North America. This collaboration positions the two companies to deploy scalable solutions that meet the high demands of reliability, uptime, and performance critical to data center operations [1][2][3].

With a combined 190 years of industry experience, Caterpillar and Hunt Energy bring a unique blend of land assets, strategic resources, best-in-class products, and capital, uniquely positioning them to deploy these solutions effectively and at scale [1][2][3].

References:
[1] https://www.caterpillar.com/en/news/corporate-press-releases/h/caterpillar-hunt-energy-agreement.html
[2] https://www.marketscreener.com/news/caterpillar-and-hunt-energy-company-l-p-sign-long-term-strategic-agreement-to-deliver-power-soluti-ce7c51d3de80f026
[3] https://www.stocktitan.net/news/CAT/caterpillar-and-hunt-energy-company-l-p-sign-long-term-strategic-3jbu2f6n6cmq.html