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PROPWR Secures Strategic Framework Agreement with Caterpillar Inc.
- ProPetro's PROPWR unit signed a strategic framework agreement with Caterpillar to buy up to 2.1 gigawatts of power generation assets for data centers, oil and gas, and industrial customers.
- PROPWR's President, Travis Simmering, described the agreement as a major milestone enhancing their leadership in power-as-a-service solutions.
- ProPetro CEO Sam Sledge said the partnership leverages Caterpillar's reputation to improve reliability, operational excellence, and customer value.
- PROPWR will have a total power capacity of about 2.6 gigawatts by 2031-2032, combining new and existing orders.
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Total News Sources11
Leaning Left2Leaning Right0Center6Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
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