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Plug Power Executes $132.5 Million Definitive Agreement with Stream Data Centers as First Step in $275 Million Strategic Infrastructure Optimization Initiative
Globenewswire· 2026-02-26 21:01
SLINGERLANDS, N.Y., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced it has entered into definitive agreement with Stream Data Centers, a time-tested hyperscale data center developer and operator with over 25 years of experience delivering high performance compute. The agreement advances Plug’s previously announced initiative to generate more than $275 million in liquidity improvement through a com ...
Plug To Announce 2025 Fourth Quarter and Year-End Results
Globenewswire· 2026-02-23 12:00
SLINGERLANDS, N.Y., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, will announce its 2025 fourth quarter and year-end results on March 2, 2026. Join the call: Date: March 2, 2026Time: 4:30 PM ETToll-free: 877-407-9221 / +1 201-689-8597Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1751318&tp_key=e18033c0ef The webcast can also be accessed directly from the Plug homepage (www.plugpower.com). A playba ...
Is Plug Power (PLUG) Stock a Buy Now?
The Motley Fool· 2026-02-21 10:48
Core Viewpoint - Plug Power's stock has experienced a significant decline of over 16% in the past month and is down approximately 59% from its 52-week high, raising questions about its investment potential [1][2]. Group 1: Company Performance - Plug Power has shown substantial revenue growth, with an increase of about 880% from 2014 to 2024 [6]. - The company is making strides toward profitability, with a gross profit margin improvement from negative 89.3% in 2024 to negative 51.1% for the nine-month period ending September 30, 2025 [7]. - Management has set a timeline aiming for breakeven on a gross profit basis by the end of 2025 and positive EBITDAS by the end of 2026, with overall profitability expected by the end of 2028 [8]. Group 2: Market Position and Valuation - Plug shares are currently trading at 2.9 times trailing sales, which is below their five-year average price-to-sales ratio of 3.9, suggesting a potential buying opportunity for investors [9]. - The company's market capitalization stands at $2.6 billion, with a current stock price of $1.86 [5]. Group 3: Competitive Landscape - In contrast to Plug Power, Bloom Energy has consistently generated profits, reporting diluted earnings per share of $0.45 for the fourth quarter of 2025, highlighting a competitive disadvantage for Plug [13]. - Investors have various options for exposure to the hydrogen industry, including Bloom Energy and hydrogen exchange-traded funds, which may be more appealing than Plug Power at this time [14].
Plug Power Completes First Hydrogen Fill for Hynetwork’s Important Segment in Rotterdam with Delivery of 32 Tons of RFNBO Hydrogen and Custom Infrastructure
Globenewswire· 2026-02-04 12:00
Core Insights - Plug Power Inc. has completed the first hydrogen fill of Hynetwork's 32-kilometer hydrogen pipeline in Rotterdam, supplying 32 tons of RFNBO-certified renewable green hydrogen, marking a significant advancement in Europe's hydrogen infrastructure [1][3][5] Group 1: Project Overview - Hynetwork, a subsidiary of Gasunie, is implementing the hydrogen network in the Netherlands, connecting port and industrial demand centers, and aims to integrate into a broader European hydrogen transport system [2] - The Rotterdam segment is the first major part of the Netherlands' national hydrogen network, contributing to industrial decarbonization and energy security while enabling large-scale clean hydrogen transport [3][4] Group 2: Plug Power's Role - Plug Power was awarded the public tender for the project, showcasing its capability to meet complex requirements through a custom-engineered unloading infrastructure [3][5] - The company has demonstrated its hydrogen delivery capabilities in Europe, previously delivering over 44 tons of renewable hydrogen to the H2CAST project in Germany [4] Group 3: Infrastructure and Logistics - Plug is supplying hydrogen from Hy2Gen's RFNBO-certified Atlantis facility, utilizing a fleet of 40-ft MEGC trailers, each capable of transporting over 1,000 kg of compressed hydrogen [6] - This vertically integrated approach ensures a continuous and reliable supply during the commissioning period, highlighting Plug's position as a leading provider of full-stack hydrogen solutions in Europe [6] Group 4: Market Impact - The commissioning of the Rotterdam pipeline is seen as a major step towards realizing the hydrogen network, instilling market confidence in the availability of a reliable transport solution [5] - The project emphasizes Plug's end-to-end hydrogen platform, which includes certified green hydrogen supply, logistics, custom engineering, and on-site execution [5]
Charbone Hydrogen supplies hydrogen to power Ontario productions
Proactiveinvestors NA· 2026-01-22 14:10
Company Overview - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Utilization - Proactive is a forward-looking company that adopts technology enthusiastically to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Charbone Hydrogen secures first US order for ultra-high purity hydrogen
Proactiveinvestors NA· 2026-01-14 15:04
Company Overview - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized as a forward-looking technology adopter, utilizing automation and software tools, including generative AI, to enhance workflows [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
Charbone Hydrogen raises $3.1M through private placement
Proactiveinvestors NA· 2026-01-12 16:36
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Can Plug Power (PLUG) Stock Beat The Market?
The Motley Fool· 2025-12-16 23:15
Core Viewpoint - Plug Power is a pioneer in the hydrogen industry, having established the first commercially viable market for hydrogen fuel cell technology and deployed over 69,000 hydrogen fuel cell systems and more than 250 fueling stations globally [1] Group 1: Company Performance - Plug Power has significantly underperformed compared to the S&P 500 over the past five years, with returns of -91.1% compared to the S&P 500's 87% [3] - The company reported a net loss of $785.6 million on $484.7 million of revenue in the first nine months of the current year, worsening from a net loss of $769.4 million on $437 million of revenue in the same period last year [4] - Plug Power's outstanding shares have increased by over 200% in the past five years, leading to significant dilution for existing investors [5] Group 2: Financial Strategies - To address its financial challenges, Plug Power has initiated Project Quantum Leap, aiming to reduce annual expenses by over $200 million through workforce reductions and spending cuts [7] - The company has raised over $275 million through the monetization of electricity rights, secured $399 million via a convertible notes sale, and raised $370 million from an existing investor exercising stock warrants, which has helped eliminate high-cost debt [8] Group 3: Future Outlook - Plug Power aims to achieve positive EBITDA by the end of next year and expects to reach positive operating income by 2027, with an overall goal of profitability by 2028 [9] - While the company has not beaten the market in the past five years, narrowing losses and secured financing could lead to market-beating returns if profitability is achieved by 2028 [10]
Plug to Participate in Wells Fargo Energy & Power Conference
Globenewswire· 2025-12-09 12:00
Group 1 - Plug Power Inc. is participating in the Wells Fargo Energy & Power Conference, highlighting its leadership in the hydrogen economy and commitment to investor engagement [1][2] - The company's Vice President of Investor Relations, Roberto Friedlander, will represent Plug Power at the conference, conducting one-on-one meetings with institutional investors and participating in a fireside chat with Wells Fargo analysts [2] - Additional details regarding Plug Power's investor conference participation can be found on the company's Investor Resources webpage [3] Group 2 - Plug Power is building a fully integrated hydrogen ecosystem that includes production, storage, delivery, and power generation, positioning itself as a first mover in the industry [4] - The company has deployed over 72,000 fuel cell systems and 285 fueling stations globally, making it the largest user of liquid hydrogen [5] - Plug Power's hydrogen plants in Georgia, Tennessee, and Louisiana are capable of producing 39 tons of hydrogen per day, supporting its expansion of a reliable, domestically produced supply [5] Group 3 - Plug Power serves major global clients such as Walmart, Amazon, Home Depot, BMW, and BP, showcasing its significant role in the hydrogen economy [6]
Plug Power Signs Letter of Intent with Hy2gen for 5MW PEM Electrolyzer Supporting France’s Hydrogen Roadmap at Sunrhyse Green Hydrogen Project
Globenewswire· 2025-12-04 12:00
Core Viewpoint - Plug Power Inc. has signed a letter of intent with Hy2gen for a 5MW PEM electrolyzer to be installed at the Sunrhyse hydrogen production project in France, marking a significant step in advancing hydrogen solutions in the region [1][2]. Group 1: Partnership and Collaboration - The LOI establishes a foundation for collaboration between Plug Power and Hy2gen to enhance hydrogen use in southern France, with Plug supporting the transport and distribution of hydrogen produced at Sunrhyse [2][4]. - This partnership builds on existing collaborations in Europe and North America, including Hy2gen's Project Courant in Québec, which aims for a Final Investment Decision before 2027 [3][4]. Group 2: Strategic Importance - The expansion of RFNBO-certified hydrogen production in France is a key component of Plug's European growth strategy, supporting local hydrogen ecosystems for logistics, transport, and industrial users [4][9]. - The Sunrhyse project is seen as a major milestone in France's hydrogen transition, demonstrating the potential for renewable hydrogen to scale quickly and support sustainable growth [4][9]. Group 3: Company Overview - Plug Power is a leader in the hydrogen economy, providing a fully integrated ecosystem that includes production, storage, delivery, and power generation [5][6]. - The company has deployed over 72,000 fuel cell systems and 285 fueling stations globally, with operational hydrogen plants in Georgia, Tennessee, and Louisiana, capable of producing 40 tons of hydrogen per day [6].