2026-09-17 20:20 UTC
Generac stock prices pops 20% on news the company has granted warrants for Amazon to purchase up to 1.69 million shares of Generac stock representing ~ 3% of outstanding shares.
The deal also has Generac supplying backup power generators for Amazon data centers, totaling $2.B with initial deliveries in 2027 and 2028. https://www.cnbc.com/2026/09/16/amazon-obtains-right-to-buy-up-to-340m-of-generac-boosting-stock-.html #Amazon #Generac #BackUpPower #DataCenters #AI #Investment #Power #ElectricGrid #Electricity
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