The DOE’s Loan Programs Office (LPO) on Jab. 16 said it had given a $1.66 billion loan guarantee to Plug Power’s subsidiary, Plug Power Energy Loan Borrower, to construct up to six clean ...
Plug now has $1.7 billion to use building six new hydrogen plants. Plug's problem: That $1.7 billion has to get paid back eventually, and the company has no history of ever making money to do it with.
Plug shares rose about 3.7% to $2.84 in after-hours Nasdaq trading, following news of the DOE loan guarantee.
Kalmar’s 7-97 Classic blends retro 911 charm with lightweight carbon fiber construction. A naturally aspirated 4.0-liter flat-six delivers 411 horsepower and revs to 7,500 rpm. This Sunoco blue ...