Generac (GNRC) Boosts BESS Portfolio With PowerPlay Buyout [Yahoo! Finance]
Generac Holdlings Inc. (GNRC)
Last generac holdlings inc. earnings: 4/30 06:00 am
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US:NYSE Investor Relations:
investors.generac.com
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Source: Yahoo! Finance
PowerPlay is one of the leading providers of turnkey battery energy storage systems (BESS) solutions specifically built for commercial and industrial (C&I) initiatives up to 7 MWh. The need for energy storage solutions is driven by several key factors, including the growing adoption of distributed solar, increased electrification of C&I facilities and increasing utility rates. Moreover, the potential for fluctuations in the central grid due to bad weather, blackouts, or infrastructure challenges can lead to an increased need for energy storage. Battery energy storage systems play a critical part in enabling C&I businesses to develop robust, competent and sustainable on-site distributed energy systems. Therefore, BESS systems up to 7 MWh usually find their usage in multiple C&I enterprises, such as retail stores, restaurants, office buildings, manufacturing facilities and healthcare facilities. The acquisition is likely to bolster Generac's ability to offer an end-to-end suite of
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GNRC
News
- Generac Power Systems acquires SunGrid's PowerPlay business [Yahoo! Finance]Yahoo! Finance
- Generac expands energy storage solutions with acquisition [Seeking Alpha]Seeking Alpha
- Generac Expands Energy Storage Solutions with Acquisition [Yahoo! Finance]Yahoo! Finance
- Generac Expands Energy Storage Solutions with AcquisitionPR Newswire
- Generac Holdings Inc. (NYSE: GNRC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
GNRC
Earnings
- 5/1/24 - Beat
GNRC
Sec Filings
- 6/17/24 - Form 8-K
- 6/4/24 - Form 4
- 6/4/24 - Form 4
- GNRC's page on the SEC website