Power-generation assets, procured against real demand. Capital structured to close.
First Power Capital procures high-value power-generation equipment — gas turbines, gensets, and engines — against confirmed demand from data centers, utilities, and industrial operators, and structures the secured capital that takes each transaction to close.
The grid cannot meet new data-center and AI load on its timeline. On-site power fills the gap — and the capital to secure the equipment is the bottleneck.
The hard assets we finance
Our transactions are secured against a specific, identifiable unit — high-value, uniquely serialised, and in deep secondary-market demand.
How we deploy capital
Short-term, secured, and recycled at each close — funding the escrow deposits and OEM allocations that get deals over the line.
Every transaction begins with real demand.
We don't speculate on inventory. Each engagement starts with a request from a buyer or broker seeking specific power-generation assets — and ends with that demand fulfilled.
- 01
Demand
A company seeking power-generation assets engages us with its requirements and issues a letter of intent. The buyer's mandate — capacity, technology, timeline — defines the transaction from day one.
- 02
Source
Against that mandate, our dealer and broker network identifies specific units, often before they reach the open market.
- 03
Contract the seller
We issue a letter of intent to the seller, place an escrow deposit on the seller's terms, and commence due diligence.
- 04
Verify
Serial numbers, lien checks, ownership chain, and functional confirmation — completed before capital is committed.
- 05
Fulfill
The end-buyer executes a purchase-and-sale agreement and closes within a defined short window, fulfilling the mandate that initiated the transaction.
- 06
Settle
Buyer funds move into escrow, our deposit is released at close, and capital recycles into the next mandate.
Baseload demand that exceeds grid capacity and interconnection timelines.
New data-center, AI, and industrial facilities routinely require tens to hundreds of megawatts of firm baseload power — more than local grid infrastructure can supply within the project's timeline. We procure and finance the on-site generation equipment that delivers that baseload capacity behind the meter, on the operator's schedule rather than the interconnection queue's.
AI & Hyperscale Data Centers
Training and inference campuses now specified in gigawatts, facing 3-to-7-year interconnection queues. On-site turbines and gensets are the only path to power on the build schedule.
Colocation & Data-Center Developers
Operators under bring-your-own-power mandates from utilities and market authorities — securing dedicated generation as a condition of breaking ground.
Utilities, Co-ops & IPPs
With 80+ GW of baseload retiring this decade and capacity prices multiplying, utilities and independent producers need fast, dispatchable units to bridge the gap.
Heavy Industry & Manufacturing
Steel, chemicals, semiconductor fabs, and reshored plants that run on constant baseload power and process heat the grid can no longer reliably supply.
Oil, Gas & Mining
Remote operations electrifying at the wellhead and the pit — where the grid was never an option and on-site generation is the operating model.
Power Developers & EPCs
The builders of multi-gigawatt behind-the-meter campuses and microgrids — the buyers who need turbines allocated, escrowed, and closed before the open market moves.
OEM platforms we finance
- MTU / Rolls-Royce Power Systems
- GE Vernova
- Siemens Energy
- Mitsubishi Power
- Baker Hughes
- Solar Turbines
- Kawasaki
- Pratt & Whitney
Three sides of every transaction
Buyers & Brokers
Looking for aeroderivative turbines, generator sets, and modular power solutions — with real units, real timelines, and real pricing.
Suppliers
With equipment to sell or buy — we're always looking for new units to bring into the pipeline.
Capital Partners
Lenders and capital partners backing secured, asset-based power-generation transactions.
Capital, equipment, or advisory — start with a conversation.
Tell us how many megawatts of power generation capacity you need, and we'll take it from there.