AMZN · News · 20260917N
Data-Center Power Deal
AMAZON COM INC · 2026-09-17 · Importance 52 · Surprise 42 · In source text
Amazon entered a long-term supply agreement with Generac Holdings for backup generators supporting its expanding U.S. data-center network. Initial deliveries are expected to total approximately $2.4 billion in 2027 and 2028, while payments under the broader relationship could reach $8 billion. Amazon will receive a warrant to acquire up to 1,693,745 Generac shares, with vesting tied to payments made to Generac, strengthening Amazon’s data-center power-resilience strategy and creating potential equity exposure to its supplier.
Key facts
- Initial deliveries from the Generac agreement are expected to be worth $2.4 billion across 2027 and 2028. source
- Amazon received a warrant for up to 1,693,745 Generac shares as part of the agreement, with vesting tied to payments made to Generac. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | committed | -0.2% | Initial deliveries from the Generac agreement are expected to be worth $2.4 billion across 2027 and 2028. |
| assets | positive | contingent | — | Amazon received a warrant for up to 1,693,745 Generac shares as part of the agreement, with vesting tied to payments made to Generac. |