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Industry NewsCaterpillar, Energyst Sign Rental Power AgreementJanuary 26, 2012 Caterpillar Inc. and Energyst Cat Rental Power announced that the companies have signed a five-year agreement to globally develop temporary power solutions. No financial details were provided. Energyst Cat Rental Power is a pan-European company formed by Caterpillar and 10 of its dealers to be the exclusive Cat dealer in Europe for rental power and temperature control solutions. Energyst provides coverage worldwide by collaborating with local Cat dealers. By working with Caterpillar, Energyst said it will further strengthen its position in the international power projects (IPP) market by offering readily available, competitively priced power solutions from Caterpillar supported by partnerships with Cat dealers. “Energyst has demonstrated expertise in deploying large projects worldwide and we see great opportunities in the IPP market,” said Gary Smith, chief executive officer of Energyst. “By putting this ‘dream team’ together with Caterpillar, we are uniquely positioned to leverage the key Cat distribution network in our territories and provide solutions of the highest value to our customers.”
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