Generac Lands $8B Amazon Deal, Shares Jump

Generac Holdings (NYSE: GNRC) has entered into a significant long-term agreement with Amazon (NASDAQ: AMZN) to provide backup power generators for its data centers. The deal, potentially worth up to $8 billion, marks a substantial expansion of Generac's role in supporting global data infrastructure growth. Initial deliveries are slated for 2027 and 2028, with an expected value of $2.4 billion. As part of the arrangement, Amazon also holds an option to purchase a substantial number of Generac shares.

### Story Arc / How We Got Here

This follows our earlier coverage ([Amazon Sells $5.76B Sterling Bonds for AI Infrastructure](/explore/amazon-sells-5-76b-sterling-bonds-for-ai-infrastructure)) on 2026-09-09. Amazon placed $5.76 billion in debut sterling bonds on Wednesday to fund its expanding artificial intelligence infrastructure. The offering signals hyperscalers' continued reliance on debt markets beyond the U.S. to finance extensive build-outs in data centers and AI technology. · Investors tracking infrastructure spending can monitor Amazon ($AMZN+WL) and other hyperscalers as they increasingly tap debt markets globally to fund their ambitious capital expenditure plans for data centers and technology.