Amazon secures $8B Generac warrants to back its AI-driven data centers
TL;DR
Amazon was granted warrants to buy up to 1.69 million Generac shares at $200.93 each, potentially worth up to $8 billion, as part of a deal to supply backup power generators for AWS data centers; about 308,000 warrants vested immediately with the rest in installments, and initial deliveries are expected to total $2.4 billion in 2027–2028. The warrants, representing roughly 3% of Generac’s shares and contributing to a more than 40% post-market rally, reflect Amazon’s ongoing pattern of taking stakes in suppliers to fuel its expanding cloud infrastructure and AI workloads.
- Amazon obtains right to buy stock in Generac, boosting power company's share price by over 40% CNBC
- Generac, Amazon strike $2.4 billion long-term generator supply deal Reuters
- Amazon Deal Sends AI Power Play Skyrocketing Late Investor's Business Daily
- Generac surges on $2.4B Amazon data-center deal (GNRC:NYSE) Seeking Alpha
- Generac Shares Jump on $8 Billion Amazon Data Center Supply Pact Bloomberg.com
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