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In 1998, Generac sold its portable products division to the Beacon group, a private equity firm, who later sold it to Briggs & Stratton Corporation. Upon expiration of a non-compete agreement related to the sale in 2007, Generac re-entered the portable generator market in 2008. [7] In late 2006, Generac was purchased by CCMP Capital of New York ...
Such agreements play a key role in the financing of independently owned (i.e. not owned by a utility) electricity generators, especially producers of renewable energy like solar farms or wind farms. PPA contracts can either be for a pre-defined amount of electricity or for a pre-defined portion of whatever quantity of electricity the seller ...
While Generac didn’t calculate how these import taxes could affect future performance, CEO Aaron Jagdfeld said the generator maker is ready to mitigate the financial hit by reducing costs ...
As a damaging hurricane season continues to knock out power supplies to communities across the US, Generac Power Systems says it is recalling thousands of portable generators due to the risk of ...
The company received three reports of users severely burning themselves while using the portable generators. Generac recalls 64,000 generators that can burn users Skip to main content
Thermoelectric generators are primarily used as remote and off-grid power generators for unmanned sites. They are the most reliable power generator in such situations as they do not have moving parts (thus virtually maintenance-free), work day and night, perform under all weather conditions and can work without battery backup.
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