ProPetro's PROPWR unit signs agreement to buy 2.1 gigawatts from Caterpillar

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PROPWR Secures Strategic Framework Agreement with Caterpillar Inc.

April 29, 2026 4:15 PM EDT

Agreement Enables Acquisition of Up to 2.1 Gigawatts of incremental Power Generation Capacity by 2031

MIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. (NYSE: PUMP) (ProPetro) today announced that its PROPWR business unit has entered into a strategic framework agreement with Caterpillar Inc. (NYSE: CAT) (Caterpillar) to purchase up to 2.1 gigawatts of power generation assets to support the growing energy demands of data center, oil and gas and industrial customers with efficient, reliable solutions.

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