Shareholder Vote Looms as Plug Power Announces European Milestone
Published on 01/26/2026 at 14:24 | Redaktion boerse-global.de
Plug Power Inc. is approaching a pivotal shareholder meeting while simultaneously announcing the completion of a major technical project in Europe. The hydrogen technology company has finished installing a significant electrolyzer facility in Portugal. Concurrently, management is seeking approval to substantially increase the number of authorized shares, placing investors at the crossroads of growth potential and equity dilution.
The company has completed the installation of a 100-megawatt PEM GenEco electrolyzer array at the Galp refinery in Sines, Portugal. This initiative commenced with an initial 10 MW unit in October, and all ten arrays are now in place.
Once operational in the coming months, the facility is expected to:
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