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paladin551

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paladin551

Re: None

Wednesday, 11/05/2014 11:16:44 AM

Wednesday, November 05, 2014 11:16:44 AM

Post# of 4972574
Shares of Plug Power (PLUG) were gaining 4.7% to $5.38 Tuesday after the fuel cell company announced a long-term hydrogen distribution agreement with Praxair (PX) .

Under the agreement Plug Power will offer Praxair hydrogen to its U.S. customers that use its GenKey hydrogen fuel cell solution. The GenKey solution consists of GenDrive fuel cell units, GenFuel hydrogen fuel and infrastructure, and GenCare maintenance service.

"Our agreement with Praxair will enable us to offer the most reliable and economical hydrogen solution to our customers," Plug Power CEO Andy Marsh said in a statement. "Plug Power's emergence in the fueling business will simplify the transition to hydrogen fuel cells for material-handling customers."
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