Anthropic Agrees to $3.4 Billion Gas-Generator Deal, FT Reports
Anthropic has reportedly agreed to pay $3.4 billion for gas-fired generator commitments to power data centers as the AI developer moves to secure equipment underpinning its computing expansion.
The Financial Times reported on Sunday that the deal covers 1.7 gigawatts of heavy-duty generators ordered through San Antonio-based OnePWR Solutions. The newspaper described it as the largest known single purchase of power-generation equipment by an AI lab.
Anthropic bought the commitments in late September, taking over OnePWR’s orders for Caterpillar generators without acquiring the supplier itself, the FT reported. Anthropic had initially planned to purchase electricity from OnePWR before opting to take over the equipment orders.
The arrangement would give Anthropic greater control over a resource needed to expand its AI operations. Securing generator orders puts the company more directly into the energy supply chain, extending its infrastructure commitments beyond purchasing computing capacity from partners.
A separate transaction disclosure by Piper Sandler lists a $3.4 billion sale of OnePWR’s power-generation platform to an unnamed AI lab in September. The investment bank, which served as OnePWR’s exclusive financial adviser, does not identify Anthropic as the buyer.
The reported purchase comes alongside much larger spending plans. Anthropic disclosed on Nov. 2 that it intends to spend more than $895 billion in the years ahead, mostly on computing capacity and infrastructure.
Power procurement also carries costs beyond the equipment itself. In a February policy announcement, Anthropic pledged to pay for all grid upgrades needed to connect its data centers and to bring new generation online to match their electricity needs. It also committed to covering consumer electricity-price increases attributable to those facilities.
Anthropic said those commitments apply directly where it works with partners to develop data centers for its own workloads. For capacity leased in existing facilities, it said it was exploring additional ways to address the effect on electricity prices.
