Generac just landed a massive deal with Amazon, marking a major step into the booming data center power market.
The generator maker sees a $17 billion global market for backup power tied to data centers.
"At Generac, we're constantly looking for new and innovative ways to make life a little easier," said Kyle Raabe, executive vice president of Consumer Power at Generac. "By integrating our Generac ...
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 ...
WAUKESHA, Wis., March 9, 2021 /PRNewswire/ -- Generac Ⓡ Power Systems announced today a completely redesigned Powermate line of portable generators and chore products are available now online and at ...
Generac stock jumps 25% after Amazon data-center generator deal: $2.4B deliveries in 2027-28, up to $8B total plus warrants.
As part of the deal, Generac issued a warrant to Amazon.com NV Investment Holdings to acquire up to 1.69 million shares of the generator maker's stock at $200.93 per share.
TORONTO--(BUSINESS WIRE)--ecobee, together with parent company Generac Power Systems, Inc. (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions and other power ...
More than 350,000 backup portable power generators sold across the U.S. and Canada are being recalled after eight injuries, including seven finger amputations and one digit getting crushed, according ...