TechMeme
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 (Michelle Ma/Bloomberg)
Generac has agreed to supply Amazon with backup generators worth up to $8 billion for its data centers, establishing a long-term partnership. The contract includes a warrant that grants Amazon the right to purchase up to a 2.6% equity stake in Generac. The deal positions Generac as a key infrastructure supplier for Amazon’s expanding data-center footprint.