One Power Company (ONE) has filed for a proposed IPO.

The company describes itself as: "We are a vertically integrated industrial power company that develops, builds, owns and operates on-site power solutions for large and emerging industrial customers. Our experienced team builds and operates MW-scale, mission-critical, high-voltage power systems outside our customers’ facility walls to deliver grid and renewable, behind-the-meter power to our customers. We develop and deliver a range of large-scale power solutions to our industrial customers including Megawatt Hubs, Wind for Industry, ManagedHV and Net Zero projects, which we believe are capable of redefining last-mile delivery of industrial power. We are a “self-perform” contractor, meaning we perform the majority of our construction activities directly, with substantial in-house capabilities for executing the construction of power infrastructure. We typically enter into long-term and medium-term agreements with our industrial customers for our power solutions."

Stifel will serve as sole underwriter.