Generac Selected To Enter Negotiations By Dept. Of Energy To Receive Award For Grant Of $50M As Part Of Grid Resilience and Innovation Partnership
Portfolio Pulse from Benzinga Newsdesk
Generac has been selected by the Department of Energy to enter negotiations for a $50 million grant as part of the Grid Resilience and Innovation Partnership. This selection highlights Generac's role in enhancing grid resilience and innovation.
October 21, 2024 | 11:31 am
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Generac has been selected by the Department of Energy to negotiate a $50 million grant, emphasizing its role in grid resilience and innovation.
The selection by the Department of Energy for a $50 million grant positions Generac as a key player in grid resilience and innovation. This could lead to increased revenue and market confidence, positively impacting GNRC's stock price.
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