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HomefinancePlug Power skyrockets after winning $1.66B conditional DoE loan guarantee

Plug Power skyrockets after winning $1.66B conditional DoE loan guarantee

Plug Power (NASDAQ:PLUG) +40.1% pre-market Tuesday after saying it received a conditional commitment for a loan guarantee of as much as $1.66B from the U.S. Department of Energy to finance the development, construction and ownership of up to six green hydrogen production facilities.
Plug (PLUG) said the facilities, which will be selected for financing in accordance with procedures to be set forth by the DoE, will be built across the U.S.

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