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)
Amazon is locking in backup power supply while taking a small potential equity position in Generac.
Generac signed a long-term agreement to supply Amazon with backup generators for data centers. The deal is worth up to $8 billion, according to the Techmeme note. Generac also granted Amazon a warrant for up to a 2.6% stake. Techmeme's note
Generac signed a long-term agreement to supply Amazon with backup generators for data centers. The deal is worth up to $8 billion, according to the Techmeme note. Generac also granted Amazon a warrant for up to a 2.6% stake. Techmeme's note
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