Amazon obtains right to buy stock in Generac, boosting power company's share price by over 40%

Amazon received warrants to purchase up to $340 million in Generac shares as part of a deal to supply backup generators for data centers. Generac shares rose more than 40% in after-hours trading; initial deliveries are estimated at $2.4 billion in 2027–2028.

• Warrants allow purchase of up to 1.69 million Generac shares at $200.93 each
• Total potential Amazon investment estimated at $8 billion
• Initial generator deliveries: $2.4 billion in 2027–2028
• Warrants equal nearly 3% of Generac shares at $10.3 billion market cap