Who makes gas turbines (onsite / behind-the-meter) & hrsgs for AI data centers
constrained
Combustion turbines burning natural gas (or dual-fuel), paired with heat-recovery steam generators, used to generate power onsite or behind the meter at a data center campus.
Gas turbines convert natural gas into rotating mechanical energy that drives a generator, either as a simple-cycle unit or paired with a heat-recovery steam generator (HRSG) in a combined-cycle plant for higher efficiency. In the data center context they sit upstream of the utility interconnection or, for behind-the-meter builds, upstream of the facility's own switchgear and transformers (Layer 7), providing firm power where grid interconnection queues or capacity are constrained. Aeroderivative turbines (adapted from jet engines) are favored for faster startup and modularity at campus scale, while heavy-frame industrial turbines suit larger, grid-connected combined-cycle plants. An investor should watch order-book length at the handful of OEMs that build new units, the smaller pool of specialists that refurbish older units and broker turbine "slots," and the HRSG makers whose capacity is a separate, often overlooked constraint on how fast a combined-cycle plant can actually be built.
AI delta: new-build turbine slots are sold out years ahead; refurbished and aeroderivative units command premiums.
Companies on this part (9)
| Company | Role | Ownership | Ticker | Price | 1d | Confidence | Note |
|---|---|---|---|---|---|---|---|
| Baker Hughes | manufacturer | public | BKR | 62.11 USD | +0.5% | inferred | |
| Doosan Enerbility | manufacturer | public | 034020.KS | 85500 KRW | -0.8% | inferred | |
| GE Vernova | manufacturer | public | GEV | 954 USD | -2.2% | inferred | LM2500; LM6000; 7HA |
| Kawasaki Heavy | manufacturer | public | 7012.T | 2615 JPY | -0.6% | inferred | |
| Mitsubishi Heavy Industries | manufacturer | public | 7011.T | 4032 JPY | +1.1% | inferred | |
| Siemens Energy | manufacturer | public | ENR.DE | 150 EUR | -0.6% | inferred | SGT-A; SGT-800 |
| Solar Turbines · unit of Caterpillar | manufacturer | subsidiary | CAT* | inferred | |||
| Ansaldo Energia | manufacturer | private | inferred | ||||
| ProEnergy | manufacturer | private | inferred | refurbished units; slot brokerage |
HRSGs 8.01a
| Company | Role | Ownership | Ticker | Price | 1d | Confidence | Note |
|---|---|---|---|---|---|---|---|
| Vogt · unit of Babcock & Wilcox | manufacturer | subsidiary | BW* | inferred | |||
| Cleaver-Brooks | manufacturer | private | inferred | ||||
| Nooter/Eriksen | manufacturer | private | inferred |
Who competes here
The same table read the other way: every company above competes for gas turbines (onsite / behind-the-meter) & hrsgs sockets. Confidence tags matter — an inferred placement is a lead, not a confirmed rivalry.
Nearby parts
- Children: HRSGs
- Next in layer: Reciprocating engines & engine microgrids
- Layer: Layer 8 — Power generation & energy supply
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- Harbert acquires cogenerating heat, power plant in Georgia — Utility Dive, 2026-08-26Harbert acquired Mid-Georgia Cogen to operate a cogen plant that provides peak power and waste heat for both Georgia Power and an adjacent Frito-Lay facility.
Sources: placements without a source URL come from the taxonomy seed and are tagged accordingly. How this data is built.· Markdown · JSON