Amazon obtains right to buy stock in Generac, boosting power company's share price by over 40%
- Posted on September 16, 2026
- By CNBC
- 1 Views
- 1 min read
Amazon secured significant equity stakes in Generac Holdings through warrant agreements, driving substantial gains in the power generator manufacturer's valuation. This strategic partnership reflects Amazon's infrastructure expansion for its data center operations, requiring dependable backup power solutions. The deal grants Amazon purchase rights for approximately $340 million in Generac stock, signaling confidence in both companies' technological synergies and long-term growth potential within cloud computing infrastructure.
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