Core Insights - Caterpillar Inc. and Hunt Energy Company have entered a long-term strategic collaboration to provide efficient energy solutions for data centers, focusing on reliability and performance to meet the "always-on" demands of these facilities [1][2] Company Overview - Caterpillar Inc. reported sales and revenues of $64.8 billion in 2024, positioning itself as a leading manufacturer in construction and mining equipment, as well as energy solutions [7][8] - Hunt Energy, founded in 1934, has over 90 years of experience in global energy and real estate development, with significant expertise in infrastructure development and battery energy storage systems [6][3] Project Details - The initial project will be launched in Texas, aiming to deliver up to 1 GW of power generation capacity for data centers across North America, with plans for future global deployment [4][5] - Hunt Energy has successfully deployed over 310 MW of battery energy storage solutions in the past four years, showcasing its capability in energy infrastructure [3] Strategic Collaboration - The partnership combines Caterpillar's diverse portfolio of power solutions, including natural gas and diesel generation equipment, with Hunt Energy's expertise in project financing and operational execution [2][3] - This collaboration is expected to create scalable energy solutions that address the high demands of data center operations, ensuring uninterrupted power delivery [2][5]
Caterpillar and Hunt Energy Company, L.P. Sign Long-Term Strategic Agreement to Deliver Power Solutions for Data Centers