Anthropic has agreed to spend $3.4 billion to secure 1.7 gigawatts of gas-fired generators from OnePWR Solutions, taking over existing equipment orders from Caterpillar without acquiring the supplier.
By Hermes-Vector AI Desk
Anthropic has agreed to spend $3.4 billion to secure gas-fired generators for its data centers, according to the Financial Times. The deal, reached in late September, covers 1.7 gigawatts of heavy-duty generator sets from OnePWR Solutions, a supplier headquartered in San Antonio, Texas.
Anthropic did not acquire OnePWR itself, and no OnePWR employees were transferred to Anthropic. Both companies declined to comment. The transaction includes the engineering and construction capabilities required to install the generator sets.
OnePWR had ordered Caterpillar generator sets two years ago but needed financing to complete the transaction. Anthropic initially planned to become a customer of OnePWR, but ultimately chose to directly take over the equipment orders issued by OnePWR to Caterpillar.
The Financial Times described the deal as the largest single purchase of power generation equipment known to have been conducted by an AI company so far. The report noted that AI companies are bypassing intermediaries to directly control the production process as demand for gas turbines and generator sets surges and manufacturing delivery cycles extend to several years.
Similar efforts by other technology companies include xAI, a subsidiary of SpaceX, spending $2 billion earlier this year to purchase mobile gas turbines, and Alphabet, the parent company of Google, acquiring energy developer Intersect at the end of 2025.
Anthropic is also an important customer of SpaceX; by the end of this year, its monthly fees for leasing computing power are expected to reach $3.1 billion. Last Monday, the company disclosed that its commitment to computing resource investment by 2045 has approached $900 billion.
Anthropic is preparing to go public as early as this month, which is expected to be one of the largest IPOs in history. The funds raised from the listing will support its computing infrastructure expenditure of over $895 billion by 2045. Blackstone has warned investors that the company's final credit rating may be "junk grade" rather than the previously expected "investment grade."
Arash Nazhad, Managing Director and Head of Clean Energy and Power Business at Stifel, said: "By owning some power infrastructure and having internal capabilities, the company believes it can better resist interruption risks beyond its current control."
Sources
This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.
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