Hydrogen tech firm Plug Power raises $370m from warrant inducement agreement

The company could also be in line for another $1.4bn depending on whether it is able to issue more shares of common stock before February

Plug Power's 15 tonnes-per-day hydrogen production and liquefaction plant in Woodbine, Georgia
Plug Power's 15 tonnes-per-day hydrogen production and liquefaction plant in Woodbine, GeorgiaPhoto: Plug Power
Published 8 October 2025, 14:47Updated 8 October 2025, 14:47
Plug PowerElectrolysersFuel cellsFinance