Aggreko provides temporary and modular power generation equipment, increasingly deployed at data center sites where grid connections are delayed or insufficient. The company has filed for an IPO, citing the data center construction boom as a key driver of demand for its mobile power solutions.
Investors not disclosed
Aggreko's IPO signals that temporary and modular power infrastructure has matured into a recognized asset class within the data center supply chain, reflecting how persistent grid delays have created a durable, not just transitional, market for mobile power solutions. The move establishes a potential valuation benchmark for the broader temporary power sector at a moment when hyperscalers and colocation providers are increasingly reliant on stopgap generation to keep construction timelines from slipping further. It also underscores a capacity gap that is structural rather than cyclical, as utilities in key data center markets continue to struggle with interconnection backlogs that can stretch years beyond a facility's planned opening date.