13 Best Electrical Infrastructure Stocks to Buy in 2026

7. Generac Holdings Inc. (NYSE:GNRC)

Number of Hedge Fund Holders: 66

Generac Holdings Inc. (NYSE:GNRC) designs, manufactures, and distributes energy technology products and solutions worldwide. The company manufactures the widest range of power products in the marketplace, including portable, residential, commercial, and industrial generators.

On June 15, Generac Holdings Inc. (NYSE:GNRC) announced the acquisition of a new facility in Belvidere, IL, to expand its packaging capacity for large-megawatt generators amid the soaring demand from data centers and other critical industries. The new plant will focus on enclosure assembly and final packaging of shipment-ready units, complementing Generac’s February acquisition of Enercon Engineering.

The latest acquisition is part of Generac’s efforts to bolster its domestic manufacturing footprint and position the company to meet growing demand across key markets. The plant is expected to open in 2027 and will create more than 100 new jobs.

Erik Wilde, EVP and President, Domestic C&I at Generac, commented:

“As demand for reliable backup power continues to grow — particularly from data centers and other mission-critical industries —expanding our capacity to deliver large-megawatt solutions is essential. This investment strengthens our ability to scale efficiently while maintaining the quality and speed our customers expect.”

Generac Holdings Inc. (NYSE:GNRC)’s data center visibility increased in the first quarter, as its backlog rose to more than $700 million. As a result, the company raised its guidance for net sales and adjusted EBITDA for full-year 2026. It now expects consolidated net sales to increase at a mid- to high-teens rate.