Plug Power Secures $431M in Convertible Notes to Strengthen Financial Position
Plug Power closes $431.25M convertible notes offering, refinances high-cost debt, and extends capital runway through 2033 with improved financial flexibility.
/ 125 items
#Energy & Utilities↓
Oklo and Siemens Energy Advance Aurora Powerhouse with New Contract
Oklo and Siemens Energy sign a binding contract to design and deliver the power conversion system for the Aurora powerhouse, marking a major step toward deploying advanced nuclear energy.
Trump Admin Backs $1B Loan to Restart Three Mile Island Nuclear Plant
Trump administration approves $1 billion loan for Constellation Energy to restart Three Mile Island's undamaged reactor, aiming to boost power supply for AI data centers and manufacturing.
Mizuho Downgrades Canadian Solar After Sharp Rally
Mizuho double downgraded Canadian Solar to Underperform, citing an overdone rally and uncertainty around U.S. factory and compliance issues.
Hut 8 Sells 310-Megawatt Power Portfolio to TransAlta
Hut 8 signs agreement with TransAlta to sell a 310 MW portfolio of natural gas power plants in Ontario, boosting long-term value and supporting future digital infrastructure growth.
Plug Power Pauses Hydrogen Projects, Risking $1.66B Federal Loan
Plug Power has paused plans for six hydrogen facilities, putting a $1.66B federal loan at risk as it reviews capital allocation and focuses on efficiency and long-term growth.