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.
/ 3 items
#PLUG↓
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.
Plug Power Q3 2025: $177M Revenue, Cash Burn Cut 49% Amid Transformation
Plug Power (PLUG) reports $177M Q3 2025 revenue with strong electrolyzer growth, reduced cash burn, and strategic initiatives positioning the company toward profitability by H2 2026.