Caterpillar has entered into a five year international power projects (IPP) agreement with APac Energy Rental Pte to develop temporary power solutions for the needs of the growing IPP market. As part of the agreement, APac will strengthen its position in this market by offering readily available, competitively priced power solutions from Caterpillar supported by partnerships within the extensive Cat dealer network.
“The Cat brand is well-known and respected worldwide,” Shaun Cockman, CEO, APac, says. “This agreement is the beginning of a new growth strategy for APac, leveraging our coverage in Asia Pacific, Caterpillar’s world class products and the support of the Cat dealer network.”
“APac is an excellent partner for Caterpillar as we work to grow our international power projects business,” Bill Rohner, vice president of electric power at Caterpillar, says. “APac’s experience in Asia Pacific along with Caterpillar’s engineering and product expertise will enable us to better serve our customers and enable us to attain a leadership position in the IPP market.”
APac is a privately held company incorporated in Singapore and it operates a number of sales and support offices in the region. It aims to be recognised as one of the strongest, most professional IPP providers globally.
The company intends to continue building its fleet and will focus on Asia Pacific, Africa and the Middle East, collaborating with Cat dealers for local know-how and expertise. To date, APac has completed projects in Japan and Australia.