Caterpillar, OnePWR Solutions, and Vero3 Announce Strategic Collaboration to Deliver Sustainable Solutions and Infrastructure for Data Centers

For Release: March 2026


IRVING, TEXAS—Caterpillar Inc, OnePWR Solutions and Vero3 today announced their strategic collaboration focused on developing large-scale lower-carbon power generation and permanent carbon storage projects to support mission-critical facilities, including data center infrastructure.

The parties intend to collaborate on the design of a fully integrated solution combining natural gas–based prime power generation, carbon capture, battery energy storage, and permanent geological sequestration of carbon dioxide.

The collaboration brings together each party’s unique strengths to deliver a complete solution that supports sustainability initiatives and ensures reliable, uninterrupted power. Caterpillar will leverage its diverse portfolio of power solutions, including natural gas and diesel generation equipment, gas turbines and controls, and will also lead front-end engineering and design (FEED) activities for carbon capture systems.

OnePWR will build, own and operate the power generation and associated infrastructure, delivering reliable, around-the-clock power under long-term commercial arrangements with customers.

Vero3 will develop, own, and operate infrastructure that captures and permanently stores carbon dioxide, a process known as carbon sequestration. They will also manage tax credit monetization strategies.

The first project is expected to launch in 2026, with the initial development of a 500 MW prime power generation site, laying the foundation for future global deployment.

This collaboration highlights the combined commitment to developing firm, dispatchable power solutions that support increasing energy needs while aligning with customer’s long-term sustainability objectives.

Caterpillar Inc, OnePWR Solutions and Vero3
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About Caterpillar

For more than a century, Caterpillar has helped build a better, more sustainable world. With 2025 sales and revenues of $67.6 billion, Caterpillar Inc. is shaping the future as the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Backed by one of the largest independent global dealer networks and financing services through Cat Financial, the company’s primary business segments: Power & Energy, Construction Industries and Resource Industries are solving customers’ toughest challenges through commercial excellence and advanced technology, driven by a highly skilled, dedicated global team. Learn more at www.caterpillar.com. 

About OnePWR Solutions

OnePWR Solutions is a turnkey energy solutions provider, focused on developing decentralized microgrids, fixed power plants, and other owned-and-operated power generation solutions. OnePWR helps operators mitigate grid insuffiencies and insure long-term resilience with custom, onsite build-to-suit power generation infrastructure and long-term power purchase agreements. Learn more at onepwrsolutions.com.

About Vero3 Limited

Vero3 is an innovative industry leader in carbon management, providing permanent CO₂ storage solutions and tax credit monetization strategies. Vero3 also evaluates lithium-bearing formation brines as part of subsurface fluid management in support of carbon storage operations. Learn more at vero3.com.

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Gelia
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Caterpillar Inc.
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