Generac Power Systems acquires SunGrid's PowerPlay business [Yahoo! Finance]
Generac Holdlings Inc. (GNRC)
Last generac holdlings inc. earnings: 4/30 06:00 am
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investors.generac.com
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Source: Yahoo! Finance
PowerPlay is known for its bespoke Battery Energy Storage System (BESS) solutions for commercial and industrial projects up to 7 megawatt hours (MWh). Post-acquisition, PowerPlay will maintain its operations in Cambridge, Canada, functioning as a dedicated research and development centre for Generac's commercial and industrial BESS solutions. The financial details of the transaction have not been made public by either company. SunGrid CEO Jody Snodgrass stated: “We are incredibly proud of PowerPlay and the talented team behind its success. This acquisition by Generac is a testament to the innovative spirit and dedication at SunGrid. “Our commitment to advancing the battery energy storage industry has been instrumental in developing the PowerPlay product portfolio, and we are thrilled that Generac recognises its value and future success. “This strategic move allows SunGrid to increase focus on our utility-scale EPC [energy performance certificate] business, driving growth an
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GNRC
News
- Generac (GNRC) Boosts BESS Portfolio With PowerPlay Buyout [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