Amazon Secures $340M Warrants in Generac to Power AI Data Centers
Amazon has been granted warrants to purchase up to $340 million worth of Generac stock as part of a deal to supply backup power generators for its data centers. Generac shares surged over 40% in extended trading following the announcement. The agreement includes initial generator deliveries valued at $2.4 billion for 2027 and 2028, with additional tranches vesting based on payment milestones. This move reflects Amazon's strategy of securing equity stakes in key infrastructure suppliers to support its rapid expansion in artificial intelligence and cloud computing.













