Key TakeawaysPlug Power said it would offer roughly 79 million shares at a price of $2.54 each, which would generate gross proceeds of $200 million.The price was below Thursday's close, and the company's shares fell Friday. The company didn't specify a use for the proceeds. Plug Power (PLUG) stock tumbled after the company said it would sell more shares to the public, which it expects to generate $200 million in proceeds. The hydrogen fuel cell producer said it would sell nearly 79 million shares at $2.54 e ...

LATHAM, N.Y., July 19, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. ("Plug Power") (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced the pricing of its previously announced underwritten public offering of 78,740,157 shares of its common stock at a price to the public of $2.54 per share. The offering is expected to close on or about July 22, 2024, subject to market and other customary closing conditions. In connection with the offering, Plug Power ...

LATHAM, N.Y., July 19, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (“Plug Power”) (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced the pricing of its previously announced underwritten public offering of 78,740,157 shares of its common stock at a price to the public of $2.54 per share. The offering is expected to close on or about July 22, 2024, subject to market and other customary closing conditions. In connection with the offering, Plug Power ...

LATHAM, N.Y., July 18, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. ("Plug Power") (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced that it has commenced an underwritten public offering of $200,000,000 of its common stock. In connection with the offering, Plug Power intends to grant the underwriters a 30-day option to purchase up to $30,000,000 of additional shares of common stock. Plug Power intends to use the net proceeds from the offering for ...

LATHAM, N.Y., July 18, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (“Plug Power”) (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced that it has commenced an underwritten public offering of $200,000,000 of its common stock. In connection with the offering, Plug Power intends to grant the underwriters a 30-day option to purchase up to $30,000,000 of additional shares of common stock. Plug Power intends to use the net proceeds from the offering for ...

Energy Plug Announces Memorandum of Understanding with Power Touch Corp. to Provide Battery Energy Storage for Internet and AI Data CentresJuly 18, 2024 9:29 AM EDT | Source: Energy Plug Technologies Corp.Vancouver, British Columbia--(Newsfile Corp. - July 18, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), an energy technology company dedicated to innovation and sustainability, today announces that it has entered into a Memorandum ...

Vancouver, British Columbia--(Newsfile Corp. - July 17, 2024) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug" or the "Company"), an energy technology company dedicated to innovation and sustainability, is issuing this corporate update to highlight key activities and outline the Company's near-term objectives.Highlights: Initial Battery Energy Storage System ("BESS") Client: Energy Plug has signed its first battery storage deal with Ximen Mining Corp. on June 11, 2024 w ...

The S&P 500 has roared higher to start 2024. This fuel cell stock? Not so much.After Plug Power (PLUG -8.18%) stock plummeted 64% in 2023, investors rang in the new year with renewed hope that the fuel cell and hydrogen stock would be able to rebound from the previous year's performance.Through the first half of 2024, however, those hopes have hardly been realized. Plug Power stock's nosedive continued, as it fell 48% in the first six months of 2024, according to data provided by S&P Global Market Intellige ...

Plug Power (NASDAQ:PLUG) stock is on the move Monday after the hydrogen and fuel cell company got approval for its acquisition of HyVia.This approval comes from the EU and allows Plug Power to complete its join acquisition of HyVia alongside Renault (OTCMKTS:RNLSY). This will give them a 50-50 split ownership of HyVia.A big focus of this joint venture will have Plug Power and Renault focusing on the development of fuel cell technology and hydrogen fuel. This tech will use Renault’s platform and be used in f ...

Hydrogen producer and distributor Plug Power (NASDAQ:PLUG) stock jumped 9% on July 11 and another 4% overnight on hopes that a Federal Reserve rate cut would make its plans more affordable.Shares that were trading at $2.65 late on July 10 were trading at over $3.04 before the market opened this morning, July 12. That put the market capitalization at about $2.25 billion for a company expecting revenue of about $900 million.Other clean energy stocks like SunRun (NASDAQ:RUN), Sunpower (NASDAQ:SPWR), and Enphas ...