- Plug Power, Inc., a Latham, N.Y.-based provider of hydrogen engines and fueling solutions enabling e-mobility, completed an approximately $1B equity funding
- This brought total cash post-closing balance to $1.7 billion
- The capital raise positions the company to execute and accelerate its green hydrogen strategy as well as other strategic growth initiatives
- The company, which has deployed over 38,000 fuel cell systems for e-mobility to customers
- The company, which has deployed over 38,000 fuel cell systems for e-mobility to customers such as Amazon, BMW, etc
- The first two green hydrogen plants expected to be operational in 2022
