Huge congrats to everyone on the ERock team, and to my Partner Sameer R., who has been alongside the whole journey.
Today is a special day for everyone who has been part of ERock's journey. When we first invested in 2017, ERock was a small team pursuing a vision that most of the market hadn’t yet appreciated. Reliable, dispatchable power was not a popular investment theme, and instead of waiting for the market to validate them, the team stayed focused on solving real problems for customers whose operations simply could not afford to lose power. For years, the team quietly executed, earning customer trust one deployment at a time, building through multiple market cycles while the world caught up. ERock serves as a good reminder that the most important energy technology companies are not always the most obvious in their early years. They compound through persistence, customer focus, and technical excellence long before they become visible to the broader market. That’s what makes today’s IPO so meaningful. Congratulations to John Carrington, Thomas McAndrew, Corey Amthor, Ian Blakely, Paul Froutan, Allan Schurr, PE and the entire ERock team. This milestone is incredibly well deserved, and the industry tailwinds from here are as strong as they’ve ever been.
From humble beginnings behind H-E-Bs and big bets on the power of reliability to a massive but extraordinarily efficient and effective pivot to being an industry leader in onsite data center backup generation. Right place, right time, right leadership team, and nimble vision. Congratulations!!