Plug Power Stock Price, News & Analysis

Plug (NASDAQ: PLUG) will participate in the Wells Fargo Energy & Power Conference in New York on Dec. 9, 2025. The company said its Vice President of Investor Relations, Roberto Friedlander, will hold one-on-one investor meetings and join a fireside chat with Wells Fargo analysts.

Plug highlighted the engagement as part of its investor outreach and provided event details via its Investor Resources web page.

Plug Power (NASDAQ: PLUG) signed a letter of intent on Dec. 4, 2025 to supply a 5MW PEM electrolyzer for Hy2gen’s Sunrhyse green hydrogen project in Signes, France.

The LOI outlines collaboration for RFNBO-certified hydrogen production, with Plug supporting transport, distribution and turnkey hydrogen forklift solutions across Provence-Alpes-Côte d’Azur, and expanding Plug’s European footprint alongside Hy2gen projects including Project Courant in Québec.

Plug Power (NASDAQ: PLUG) said company executives will attend two investor conferences in New York City the week of December 3, 2025, to meet one‑on‑one with institutional investors and discuss strategic priorities and long‑term growth plans.

Executives participating are Paul Middleton, CFO, and Roberto Friedlander, VP of Investor Relations. Events are the Jefferies Renewables and Clean Energy Conference on December 3, 2025, and the B. Riley AI, Blockchain & Energy Conference on December 4, 2025. Additional event details are available in the company’s Investor Resources events and presentations page.

Plug (NASDAQ: PLUG) will participate in the Asia-Pacific Investor call on Dec. 2, 2025 at 8:00 PM ET. President and Chief Revenue Officer Jose Luis Crespo will represent Plug and discuss the company’s strategic priorities, growth opportunities in the Asia-Pacific region, and the evolving hydrogen market there.

Plug said the appearance underscores its commitment to advancing a global hydrogen strategy. Additional investor conference details and the webcast location are available in the company’s Investor Resources section.

Plug (NASDAQ: PLUG) begins a contract dated Dec 1, 2025 to supply up to 218,000 kilograms (480,000 pounds) of liquid hydrogen to NASA’s Glenn Research Center and Neil A. Armstrong Test Facility. The award has a value of up to $2.8 million and is Plug’s first liquid hydrogen supply contract with NASA, marking entry into the space industry. Plug will use its dedicated cryogenic transport fleet and multiple U.S. hydrogen generation sites to provide redundancy, high purity, and reliability for mission-critical operations. The company says this contract supports its strategy to expand its hydrogen network across aerospace, industrial, mobility, and energy applications while advancing lower-carbon supply.

Plug Power (NASDAQ: PLUG) will hold a virtual Special Meeting of Stockholders on January 15, 2026 at 10:00 a.m. ET with a record date of December 4, 2025. Shareholders will vote to amend the charter to increase authorized common stock from 1.5 billion to 3.0 billion shares and to conform voting standards to recent Delaware statute changes. The company filed a preliminary proxy with the SEC on November 20, 2025. Recent operational highlights include 324 metric tons hydrogen produced in August 2025, a >8 GW electrolyzer opportunity pipeline, and new GenDrive fuel-cell deployments.

Plug Power (NASDAQ: PLUG) closed an offering of convertible notes, issuing $431.25 million aggregate principal (including full exercise of the option) and receiving approximately $399.4 million in net proceeds after fees. The proceeds will retire remaining high‑cost 15% debt, refinance its 2026 convertible notes, and eliminate a prior first lien, which the company says reduces interest expense and simplifies its capital structure.

The new notes carry a 6.75% coupon and an eight‑year tenor with no required amortization, extending lower‑cost capital, preserving liquidity, and, together with a recent data center infrastructure agreement, fully funding Plug’s current business plan.

Plug Power (NASDAQ: PLUG) priced $375.0 million aggregate principal amount of 6.75% convertible senior notes due 2033 in a Rule 144A private offering, with a 13-day option for an additional $56.25 million. The offering price is 95% and expected net proceeds are approximately $347.2 million (or ≈$399.4 million if option is exercised). Plug Power expects to use ≈$245.6 million to repay 15.00% secured debentures and ≈$101.6 million plus ≈$52.4 million cash to repurchase ≈$138.0 million principal of 7.00% notes due 2026 for ≈$154.0 million.

The notes bear interest semi-annually at 6.75%, mature December 1, 2033, are initially convertible at 333.3333 shares per $1,000 (≈$3.00 per share, ~40% premium to $2.14 last sale on Nov 18, 2025), and include repurchase and redemption features (holder repurchase on Dec 6, 2029; redemptions permitted after Dec 6, 2028 under conditions).

Plug Power (NASDAQ: PLUG) announced on November 18, 2025 its intent to privately offer $375 million aggregate principal amount of convertible senior notes due 2033, with an initial purchaser option for an additional $56.25 million. Plug Power expects to use approximately $243 million of net proceeds to fully repay its 15.00% secured debentures and related termination fee and to use remaining proceeds to repurchase some of its 7.00% convertible senior notes due 2026 and for working capital. The notes will be unsecured, convertible into cash, shares, or a combination at the company's election, interest payable semi-annually, and offered only to qualified institutional buyers under Rule 144A. The offering and repurchases are subject to market conditions and may affect Plug Power's common stock price.