Generac jumps after-hours on Amazon data-center backup power deal
Generac Holdings (GNRC) surged about 40% in after-hours trading after signing a long-term agreement to supply backup power generators for Amazon.com’s (AMZN) data centers, described as potentially worth more than $8 billion.
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09:51:51 PM UTC
SquawkNews
By Katherine HamiltonAmazon signed a supply agreement to buy backup data-center power generators worth at least $2.4 billion from Generac.Initial deliveries of the generators are expected to happen in 2027 and 2028, Generac said in a Wednesday filing with the Securities and Exchange Commission.As p…
10:06:53 PM UTC
SquawkNews
Amazon, Generac Sign $2.4 Billion Data-Center-Generator Deal — Update
Generac, Amazon Sign Lon…