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Amazon obtains right to buy stock in Generac, boosting power company's share price by over 40%
Amazon was granted warrants to buy up to $340 million worth of Generac stock as part of a deal to supply backup power generators for its data centers.
Generac stock surged more than 40% after Amazon secured rights to buy up to 1.69 million shares tied to data center generator deliveries ...
Reuters reports that initial deliveries of the gen sets will total approximately $2.4 billion over the next two years. In the longer term, the company said it expects to provide up to $8bn worth of ...
The Cool Down on MSN
Buyer says new Generac generator came with a dead battery, then hears warranty may not cover it
"Normally he’d be right, but a DOA battery is most certainly covered." ...
If there's one thing you can no longer live without, it's electricity. You have to charge your laptop to finish that work report, run the fridge to prevent food spoilage, and maybe even power on the ...
The Cool Down on MSN
2 propane tanks sounded like an easy fuel fix for a 13-kW Generac, but commenters issued a reality check
"Those tanks will freeze up fast under load." ...
Amazon has committed to an initial $2.4 billion of Generac backup generators for its data centers, with purchases potentially ...
Generac gets a Buy rating after a major Amazon supply deal, boosting data center growth and visibility. Click for more on GNRC stock.
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