Distributed Power Solutions
Distributed Power Solutions operated a ~384 MW fleet of Caterpillar-powered reciprocating engines and turbines delivering behind-the-meter and distributed power generation to data center, microgrid, manufacturing, and energy infrastructure customers under long-term contracts.
- Company typePrivate
- Founded-
- HeadquartersNew Orleans, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Distributed Power Solutions does
Distributed Power Solutions (DPS) was a private US-based provider of turnkey distributed power generation solutions, operating a fleet of approximately 384-395 megawatts of Caterpillar-powered reciprocating engines and turbines. The company delivered behind-the-meter and distributed power generation to enterprise customers across four primary verticals: data center operators, microgrid operators, manufacturing facilities, and energy infrastructure customers. DPS served these customers under long-term power contracts, generating recurring contracted cash flows. The fleet's all-Caterpillar composition provided a standardized, OEM-supported technology base with established service infrastructure. Distribution was exclusively direct-to-enterprise, with no disclosed marketing or third-party channels.
In February 2026, Kodiak Gas Services entered into a definitive agreement to acquire DPS for approximately $675 million (7.4x estimated 2026 adjusted EBITDA), consisting of roughly $587M in cash and ~2.4 million shares of Kodiak common stock. The transaction closed in April 2026, at which point DPS was rebranded as Kodiak Power Solutions and became a wholly-owned subsidiary operating within Kodiak's new Power Infrastructure segment. Post-acquisition, the platform was positioned to scale into behind-the-meter power generation serving AI-driven data center demand, leveraging Kodiak's 700+ Caterpillar-certified technicians to operate and maintain the fleet. The Q2 2026 Power Infrastructure segment contributed $32.9M of revenue, and the acquisition was expected to be immediately accretive to earnings and discretionary cash flow per share.
Distributed Power Solutions firmographics
Firmographics- Name
- Distributed Power Solutions
- Legal name
- Distributed Power Solutions, LLC
- Website
- https://dpsenergy.com
- Company type
- Private
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Distributed Power Solutions operated a ~384 MW fleet of Caterpillar-powered reciprocating engines and turbines delivering behind-the-meter and distributed power generation to data center, microgrid, manufacturing, and energy infrastructure customers under long-term contracts.
- Ownership category
- akta.pro rank
Distributed Power Solutions industry classification
Industry- Product category
- Distributed Power Generation
- NAICS
- Electric Power Generation (22111), Other Electric Power Generation (221118)
- SIC
- Cogeneration Services & Small Power Producers (4991), Electric Services (4911)
- akta.pro primary industry
- Dispatchable Distributed Generation (Gas Reciprocating Engines, Microturbines) (EUACALAI)
- akta.pro secondary industries
- Community Microgrids & Shared Distributed Generation (EUACALAC), Engine Generator & Microgrid Power Plant EPC (Diesel/Gas Recip) (EUAEAAAJ)
Keywords
Where Distributed Power Solutions is headquartered
LocationHeadquarters
- HQ city
- New Orleans
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Distributed Power Solutions business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D
Revenue model
- Distributed Power Generation Services: DPS generates revenue by providing turnkey distributed power generation solutions to customers under long-term power contracts. Revenue is recurring in nature, supported by contracted cash flows extended through the acquisition by Kodiak.
Go-to-market motion1 record
Distribution channels1 record
Distributed Power Solutions product offering
Product offeringCore offering
Distributed Power Solutions provided turnkey distributed power generation services using an all-Caterpillar fleet of reciprocating engines and turbines totaling approximately 384–395 MW of generation capacity. The company delivered behind-the-meter and microgrid power under long-term contracts to data center operators, manufacturing facilities, and energy infrastructure customers. Following its April 2026 acquisition by Kodiak Gas Services, DPS was rebranded as Kodiak Power Solutions.
Product overview
Distributed Power Solutions was a provider of turnkey distributed power generation solutions, offering a fleet of Caterpillar-powered reciprocating engines and turbines totaling approximately 384-395 MW of generation capacity. The company served data center, microgrid, manufacturing, and energy infrastructure customers. Following its acquisition by Kodiak Gas Services in April 2026 for approximately $675 million, DPS was rebranded as Kodiak Power Solutions, expanding Kodiak's services beyond contract compression into distributed and behind-the-meter power generation.
Differentiator
Problem solved
Functional benefit
Products and services
- Distributed Power Generation Solutions
Quantifiable outcome
- Immediately accretive to earnings and discretionary cash flow per share upon acquisition by Kodiak Gas Services
- +2 more outcomes
Companies that use Distributed Power Solutions
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Distributed Power Solutions technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Distributed Power Solutions partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Kodiak Gas ServicescoreKodiak Gas Services acquired 100% of the membership interests in Distributed Power Solutions for approximately $675 million ($575 million in cash plus ~$100 million in Kodiak common stock, or ~2.4 million shares), at a valuation of 7.4x DPS's estimated 2026 adjusted EBITDA. The acquisition, completed in April 2026, rebranded DPS as Kodiak Power Solutions and expanded Kodiak beyond contract compression into distributed and behind-the-meter power generation, serving data centers, microgrids, manufacturing, and energy infrastructure markets. The transaction was expected to be immediately accretive to earnings and discretionary cash flow per share.
Scale indicators4 records
Recent moves4 records
Expansion highlights5 records
Distributed Power Solutions competitors and assessment
Company assessmentDirect peers
- Enchanted Rock: Enchanted Rock provides behind-the-meter natural gas and renewable microgrid power solutions to commercial, industrial, and data center customers under long-term contracts. It is a direct competitor to DPS in distributed power generation for digital infrastructure and resilience applications.
- VoltaGrid: VoltaGrid delivers mobile and behind-the-meter natural gas power generation specifically targeting data center and AI compute customers. Its product and customer set closely overlap with DPS's core behind-the-meter power offering for digital infrastructure.
- ProEnergy: ProEnergy provides mobile and stationary gas turbine power generation solutions, including turnkey EPC and O&M services for utility, industrial, and behind-the-meter applications. It is directly comparable to DPS on the equipment and service delivery model.
Emerging players
- Bloom Energy: Bloom Energy deploys solid-oxide fuel cell distributed generation systems, with a growing customer base among data center operators pursuing cleaner behind-the-meter power. It competes with DPS for the same behind-the-meter data center demand but uses a different underlying technology.
- GreenStruxure: GreenStruxure (a Schneider Electric subsidiary) develops decentralized energy and microgrid-as-a-service solutions for commercial and industrial customers. It is an emerging player in the same distributed power generation space that DPS serves.
Broad incumbents
- Generac Holdings: Generac is a major manufacturer of generators and distributed energy solutions across residential, commercial, and industrial segments. While broader in scope, its power generation equipment and BTM solutions overlap with the asset class DPS operates.
- Cummins: Cummins manufactures diesel and natural gas generators and provides distributed power solutions globally. Its generator portfolio competes with the Caterpillar-powered fleet that DPS operates, though Cummins serves a broader set of customers and use cases.
- Wärtsilä: Wärtsilä provides engine-based distributed power generation, microgrid solutions, and energy storage for utilities, industrial, and data center customers. Its flexible engine-based generation portfolio is directly comparable to DPS's reciprocating engine fleet.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Distributed Power Solutions social profiles
Digital presenceDistributed Power Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Distributed Power Solutions leadership team
Management profileNumber of profiles
Distributed Power Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Distributed Power Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Distributed Power Solutions
What does Distributed Power Solutions do?
Distributed Power Solutions provided turnkey distributed power generation services using an all-Caterpillar fleet of reciprocating engines and turbines totaling approximately 384–395 MW of generation capacity. The company delivered behind-the-meter and microgrid power under long-term contracts to data center operators, manufacturing facilities, and energy infrastructure customers. Following its April 2026 acquisition by Kodiak Gas Services, DPS was rebranded as Kodiak Power Solutions.
Is Distributed Power Solutions a public or private company?
Distributed Power Solutions is a private company. It is classified as corporate owned and is currently acquired.
When was Distributed Power Solutions founded?
Distributed Power Solutions was founded in -1. It employs 11 to 50 people.
Where is Distributed Power Solutions based?
Distributed Power Solutions is headquartered in New Orleans, United States, in the North America region.
How does Distributed Power Solutions make money?
One revenue line is on record: distributed Power Generation Services.
Who are Distributed Power Solutions's main competitors?
Direct peers on record are Enchanted Rock, VoltaGrid and ProEnergy. Emerging players are Bloom Energy and GreenStruxure. Broad incumbents are Generac Holdings, Cummins and Wärtsilä.
Does Distributed Power Solutions have an API?
No public API is recorded for Distributed Power Solutions.
What industry is Distributed Power Solutions in?
Distributed Power Solutions's product category is Distributed Power Generation. Its primary akta.pro industry code is EUACALAI, Dispatchable Distributed Generation (Gas Reciprocating Engines, Microturbines), with a secondary code of EUACALAC, Community Microgrids & Shared Distributed Generation. Its NAICS code is 22111 and its SIC code is 4991.