GRNC Generac Announces Long-Term Supply Agreement With Amazon For Data Center Backup Generators; Initial Deliveries Expected To Total $2.4B In 2027, 2028
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08:34:19 PM UTC
SquawkNews
Generac announced a long-term supply agreement to provide backup power generators for Amazon data centers, with initial deliveries totaling $2.4 billion expected in 2027 and 2028. In a related transaction, Generac issued a warrant to an Amazon affiliate for up to 1,693,745 shares at an exercise pri…
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