Amazon obtains right to buy stock in Generac, boosting power company's share price by over 40%
By CNBC | 1 min read
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 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. **Read the full article:** [CNBC](https://www.cnbc.com/2026/09/16/amazon-obtains-right-to-buy-up-to-340m-of-generac-boosting-stock-.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*