Business · Energy & Commodities · 1 hr ago
Anthropic secures $3.4bn in gas generators for data centres
Anthropic secured commitments for gas-fired generators worth $3.4 billion for its data centres.
The deal with OnePWR Solutions, based in San Antonio, Texas, covers equipment with a total capacity of 1.7 gigawatts.
Anthropic acquired the equipment commitments, not OnePWR itself, and no OnePWR employees joined Anthropic.
The agreement also includes engineering and construction services needed to install the generators.
Demand for AI computing is driving a race for electricity, while long waits for power equipment have made it harder for companies to expand data centres.
By securing generators directly, Anthropic aims to gain more control over the power its operations need.
The equipment is expected to be available immediately and over the next two years.
Anthropic agreed to spend about $3.4 billion on commitments for gas-fired generators for its data centres.
The deal covers generators with a combined capacity of 1.7 gigawatts from OnePWR Solutions, a supplier based in San Antonio, Texas.
The agreement includes engineering and construction services needed to install the generators, but Anthropic did not buy OnePWR or take on its employees.
The purchase gives Anthropic more direct control over electricity for its facilities as demand for power and generation equipment rises.
- Who
- Anthropic and OnePWR Solutions, a power-equipment supplier based in San Antonio, Texas.
- What
- Anthropic acquired commitments to buy gas-fired generators with a total capacity of 1.7 gigawatts for about $3.4 billion. The deal includes engineering and construction services for installation.
- When
- Anthropic acquired the commitments at the end of September.
- Where
- The generators are for Anthropic’s data centres. OnePWR is based in San Antonio, Texas.
- Why
- Anthropic is seeking more control over the electricity needed for its facilities amid rising demand for power and scarce generation equipment.
This story does not have two clearly opposing sides.
OnePWR had ordered generators from Caterpillar, according to a person familiar with the matter.
Anthropic acquired commitments for 1.7 gigawatts of generators from OnePWR for $3.4 billion.
Media outlets reported the deal.
- Deal value
- About $3.4 billion
- Generator capacity
- 1.7 gigawatts
- Supplier
- OnePWR Solutions, San Antonio, Texas
- Fuel
- Gas
- Agreement includes
- Engineering and construction services for installation
5 sources
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Anthropic strikes $3.4bn deal to generate gas-fired power for data centres
What people are saying
By owning part of their energy infrastructure and keeping the necessary capabilities in-house, companies believe they can better protect themselves against disruptions beyond their control.