Generac Shares Rise on Supply Agreement with Hyperscale Operator

Dow Jones

Jun 02

By Adriano Marchese

Shares of Generac Holdings were higher after it said it has secured an agreement to supply backup power generators for an hyperscale operator's data center network.

Shares were up 7.7% ahead of the morning bell at $290.00.

The energy technology solutions and power products company said early Tuesday that it won the deal with the unidentified client after a rigorous qualification process that included performance testing, quality reviews and audits of its broader vendor base.

Hyperscale data center operators are expanding at a breakneck pace as artificial intelligence workloads and cloud computing drive demand for power-hungry infrastructure. Big tech companies, such as Meta, Amazon and Google, are racing to secure reliable energy supplies to keep their massive networks and facilities running.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

June 02, 2026 06:38 ET (10:38 GMT)

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Big tech companies, such as Meta, Amazon and Google, are racing to secure reliable energy supplies to keep their massive networks and facilities running. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 02, 2026 06:38 ET (10:38 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}