{"id":74341,"date":"2026-11-08T11:08:22","date_gmt":"2026-11-08T15:08:22","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/anthropic-secures-3-4b-power-deal-bc-partners-moves-to-control-liv-golf-assets\/74341\/"},"modified":"2026-11-08T11:08:22","modified_gmt":"2026-11-08T15:08:22","slug":"anthropic-secures-3-4b-power-deal-bc-partners-moves-to-control-liv-golf-assets","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/anthropic-secures-3-4b-power-deal-bc-partners-moves-to-control-liv-golf-assets\/74341\/","title":{"rendered":"Anthropic Secures $3.4B Power Deal; BC Partners Moves to Control LIV Golf Assets"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Anthropic<\/strong> has signed a <strong>$3.4 billion<\/strong> deal to secure <strong>1.7 gigawatts<\/strong> of gas-fired generators, the largest known power equipment purchase by an AI lab to date.<\/li>\n<li><strong>BC Partners<\/strong> is seeking to acquire a <strong>$50 million<\/strong> bankruptcy loan from Saudi Arabia\u2019s <strong>Public Investment Fund (PIF)<\/strong> to gain control of <strong>LIV Golf<\/strong> assets.<\/li>\n<li>The private equity firm aims to revive the failed golf league under a &quot;<strong>LIV 2.0<\/strong>&quot; framework and utilize <strong>$5 billion<\/strong> in accrued tax losses for future acquisitions.<\/li>\n<li>AI developers are increasingly bypassing traditional utilities to secure energy infrastructure directly, with Anthropic taking over existing orders from Caterpillar (<a href=\"\/stock\/CAT\">CAT<\/a>).<\/li>\n<\/ul>\n<h2>Anthropic\u2019s $3.4 Billion Vertical Integration into Energy<\/h2>\n<p>Artificial intelligence startup <strong>Anthropic<\/strong> has struck a massive <strong>$3.4 billion<\/strong> agreement to secure gas-fired power generation for its data centers. The deal involves the acquisition of commitments for <strong>1.7 gigawatts<\/strong> of heavy-duty generators from San Antonio-based <strong>OnePWR Solutions<\/strong>. By taking over orders originally placed with Caterpillar (<a href=\"\/stock\/CAT\">CAT<\/a>) two years ago, Anthropic is effectively cutting out intermediaries to secure scarce equipment amid a global power crunch.<\/p>\n<p>This transaction represents the largest single purchase of power-generation hardware by an AI laboratory. The move underscores a growing trend of &quot;vertical integration&quot; among tech giants, following similar moves by Elon Musk\u2019s <strong>xAI<\/strong>, which recently purchased <strong>$2 billion<\/strong> in mobile gas turbines. Anthropic\u2019s deal includes the engineering and construction capabilities required to install the units, ensuring the firm has the necessary infrastructure to support its massive computing commitments through 2045.<\/p>\n<h2>BC Partners Moves to Revive LIV Golf Assets<\/h2>\n<p>In the sports and private equity sector, <strong>BC Partners<\/strong> is making a strategic play to take control of the <strong>LIV Golf<\/strong> league from the Saudi <strong>Public Investment Fund (PIF)<\/strong>. The firm is reportedly in talks to purchase a <strong>$50 million<\/strong> bankruptcy loan\u2014specifically debtor-in-possession (DIP) financing\u2014which would grant it control over the Chapter 11 process. This comes after <strong>LIV Golf<\/strong> filed for bankruptcy in September following the withdrawal of future funding from the PIF.<\/p>\n<p>While <strong>BC Partners<\/strong> recently walked away from a larger <strong>$300 million<\/strong> investment deal, this new maneuver is aimed at reviving the league\u2019s assets under a more sustainable &quot;LIV 2.0&quot; model. Beyond the sport itself, BC Partners is interested in preserving the <strong>$5 billion<\/strong> in net operating losses (NOLs) accumulated by the league. These tax assets could be used as a foundation for a corporate acquisition vehicle to hunt for future targets in the sports and media industries.<\/p>\n<h2>Market Implications and Infrastructure Scarcity<\/h2>\n<p>The dual developments highlight a broader market shift where capital-rich firms are aggressively securing &quot;bottleneck&quot; assets. For Anthropic, the bottleneck is <strong>electricity<\/strong>; for BC Partners, it is the <strong>distressed infrastructure<\/strong> of a high-profile sports venture. Anthropic\u2019s move to secure 1.7GW of power\u2014roughly 99% of Caterpillar\u2019s (<a href=\"\/stock\/CAT\">CAT<\/a>) total power-gen sales for the third quarter of 2026\u2014demonstrates the scale at which AI labs are now competing with traditional industrial sectors.<\/p>\n<p><em>Analysts suggest that these moves indicate a &quot;land grab&quot; for physical infrastructure as digital and sporting markets face saturation or supply constraints.<\/em> As Anthropic prepares for a potential initial public offering (IPO), securing its own energy supply may help mitigate risks associated with utility lead times that now stretch several years into the future. Meanwhile, the outcome of BC Partners&#39; bid for the PIF loan will determine whether the controversial LIV Golf brand can survive in a liquidated or restructured form.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Anthropic has signed a $3.4 billion deal to secure 1.7 gigawatts of gas-fired generators, the largest known power 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