Amazon's Backup Plan Raises Questions About Power and Profit The news that Amazon has locked in a massive deal with Generac Holdings to supply backup power generators for its data centers highlights the increasingly precarious relationship between technology companies and electricity.
The $8 billion contract, which could balloon to $10. 4 billion with warrants, underscores the vulnerability of digital operations.
Generac's stock price has skyrocketed since the deal was announced, but this development is about more than just shareholder value.