Caterpillar and Atlas Energy Solutions announced equipment purchase agreements backed by a leading frontier AI laboratory. The agreements include a commitment for 283 MW of Caterpillar natural gas generation equipment to power a new data center project.
Cost-reimbursement agreements allocate the equipment to the specific AI customer, facilitating near-term financing. The transaction highlights Caterpillar’s role in providing power infrastructure for the expansion of AI and data centers, a key growth driver for its energy and transportation business segment.