CAT · News · 20260917N

Power Generation and Data Centers

CATERPILLAR INC · 2026-09-17 · Importance 17 · Surprise 24

Generac secured a long-term agreement to supply Amazon with backup generators for hyperscale data centers, including $2.4 billion of initial deliveries in 2027 and 2028 and potential qualifying payments of up to $8 billion. The deal positions Generac more strongly in the data-center infrastructure market and is accompanied by production-capacity expansion. Caterpillar and Cummins were identified as competitors, but Caterpillar’s roughly 2% gain and Cummins’ flat performance indicated the announcement was viewed as a company-specific Generac development rather than a broad repricing of backup-power suppliers.

Key facts

• Talon Private Wealth LLC lessened its holdings in shares of Caterpillar Inc. by 89.0% in the second quarter and owned 252 shares after selling 2,042 shares during the quarter. source
• Generac's deal coverage said the company is facing increasing competition from companies like Cummins and Caterpillar in the data center power sector. source
• Following Generac's Amazon data center generator agreement, Caterpillar (NYSE:CAT) saw only a modest 2% gain. source
• U S Wealth Group LLC. acquired 1,003 shares of Caterpillar Inc. in the second quarter, valued at approximately $1,068,000. source
• At the close of the recent trading day, Caterpillar (CAT) stood at $798.57, a +2.02% move from the preceding trading day. source