Caterpillar Inc. (NYSE:CAT) Cat dealer Ring Power and APR Energy plc announced they have signed an agreement to develop temporary power solutions globally to meet the needs of the growing international power projects (IPP) market, especially in the emerging markets. The five-year agreement centers on APR working with Caterpillar, Ring Power and the Cat dealer network to originate and respond to temporary power plant opportunities. As part of the agreement, Caterpillar will supply mobile generator sets through Ring Power to APR Energy, including the new XQ2000 and XQ1475G power modules, designed specifically for the international power projects market.
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide.
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