TechBloomberg1h ago
Generac signs a long-term deal
Generac signs a long-term deal to supply Amazon with up to $8B worth of backup generators for data centers and grants Amazon a warrant for up to a 2.6% stake
TL;DRGenerac will supply Amazon with $8B in backup generators over a long-term deal.
Why it matters: Signals AI infrastructure buildout demands are massive and outpacing traditional power grid capacity.
Generac Holdings Inc. agreed to supply up to $8 billion worth of generators for Amazon.com Inc.'s data centers and issued a warrant …
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