Generac, a Wisconsin manufacturer of backup power generators, has reached an $8 million deal with Amazon to serve the tech giant’s data centers, according to a report in the Milwaukee Journal Sentinel.
As part of the agreement, Amazon has the option to purchase up to 307,954 shares of Generac at nearly $201 per share.
The Waukesha company will make its initial deliveries to Amazon in 2027 and 2028.
Aaron Jagdfeld, Generac’s chairman, president and CEO, said in a statement that the agreement establishes Generac as a long-term partner for the supply of industrial backup generators to Amazon.
“This is a significant milestone for Generac and positions us to capture this generational growth opportunity,” he said.
