Plug Power gains after deal expansion with Allied Green Ammonia

ReutersJun 9, 2025 12:54 PM

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Shares of hydrogen fuel cell maker Plug Power PLUG.O rise 2% to 98 cents premarket

Co says it expands its partnership with Allied Green Ammonia with a new 2 gigawatt electrolyzer opportunity tied to a sustainable fuels project in Uzbekistan

It adds that the deal will be executed during a three-day investment forum starting on Monday

PLUG says the project remains on track for a final investment decision in Q4

As of last close, PLUG down 54.5% YTD

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