ERock CEO discusses Anthropic power deal on CNBC
The agreement provides approximately 470 MW of onsite generation capacity using RockBlock generators to support growing AI infrastructure needs amid grid delays.
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Distributed power infrastructure provider
erock.comLast updated
In short: ERock reached a record $1.7 billion power sales backlog and completed a $600 million IPO to fund expansion in the data center market.
The agreement provides approximately 470 MW of onsite generation capacity using RockBlock generators to support growing AI infrastructure needs amid grid delays.
The company recorded a record backlog of $1.7 billion and secured a 470 MW order from Anthropic extending commitments into 2028.
The company will list on the NYSE under ticker EROC starting June tenth. Underwriters include Morgan Stanley and J.P. Morgan.
The company plans to issue nearly 28 million shares priced between $20 and $23 on the NYExchange under ticker EROC, with top banks managing the offering.
Shares in on-site power provider ERock soared nearly 23% on Wednesday after the company said that Anthropic had placed a big order. ERock, which sells...
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