Key facts
- ERock raised $600 million in its U.S. initial public offering.
- The company sold approximately 27.9 million shares at $21.50 per share.
- ERock provides natural gas generators to data centers, utilities, and commercial and industrial customers.
- The company plans to increase its annual assembly capacity to roughly 1.2 GW by the end of 2026.
- ERock will trade on the New York Stock Exchange under the ticker "EROC".
Natural gas generator maker ERock raised $600 million in its U.S. initial public offering, pricing shares at $21.50 each, the midpoint of its indicated range. The Houston-based company, founded in 2006, provides natural gas generators to data centers, utilities, and commercial and industrial customers across nine U.S. states.