Amazon obtains right to buy up to $340M of Generac, boosting stock

What to know

  • An aerial view of an Amazon Web Services Data Center known as US East 1 in Ashburn, Virginia, U.S., OctoberS1
  • 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.S2
Timeline · newest first
1mo Wol

Amazon obtains right to buy up to $340M of Generac, boosting stock

An aerial view of an Amazon Web Services Data Center known as US East 1 in Ashburn, Virginia, U.S., October

1mo Cnbc

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.

Amazon obtains right to buy up to $340M of Generac, boosting stock

2 outlets 2 reports

What to know

  • An aerial view of an Amazon Web Services Data Center known as US East 1 in Ashburn, Virginia, U.S., OctoberS1
  • 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.S2
Timeline · newest first

Sources · 2 citations

S1 Wol 1 report · EN
S2 CnbcLead 1 report · EN