Anthropic buys $3.4 billion in natural gas generators

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Published Monday, November 9, 2026 · 12:19 PM EST

Anthropic is spending $3.4 billion on Caterpillar natural gas generators capable of producing up to 1.7 gigawatts of electricity, TechCrunch reports, citing the Financial Times. Equipment supplier OnePWR originally ordered the generators but could not obtain financing to complete the purchase. Anthropic had planned to buy the equipment from OnePWR before going directly to Caterpillar. The purchase adds owned power equipment to a business that has generally rented infrastructure. Natural gas turbine backlogs stretch into the early 2030s, and grid-connection queues can be just as long.

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