Generac Inks Deal with Amazon for Data Center Power Generators
Generac Holdings Inc., a leading manufacturer of power generation equipment, has announced that it has signed a supply agreement with Amazon to provide data center power generators.
The deal is expected to boost Generac's revenue and further solidify its position in the growing data center market. As part of the agreement, Generac will supply its high-capacity generators to support Amazon's increasing demand for reliable power in its data centers.
Shares of Generac jumped after hours following the news, reflecting investors' optimism about the company's growth prospects and its ability to capitalize on the trend towards renewable energy.