Plug Power sells federal tax credit for $39.2 million from Louisiana facility

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Plug Power Strengthens Liquidity Through $44 Million Federal ITC Transfer for St. Gabriel Hydrogen Facility

June 2, 2026 8:00 AM EDT

SLINGERLANDS, N.Y., June 02, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced it closed the sale of a federal investment tax credit for ~$39.2 million associated with... More