Plug Power Inc (PLUG)

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Shares of Plug Power (PLUG - Get Report) were gaining 3.8% to $2.69 Thursday after the fuel cell manufacturer announced a new order from FreezPak Logistics.

Plug Power announced that FreezPak Logistics selected its full-service GenKey solution for a new cold storage distribution center freezer warehouse that it currently under construction in New Jersey.

The GenKey deployment for the freezer warehouse includes 25 GenDrive fuel cells, a GenFuel outdoor hydrogran storage infrastructure with two indoor dispensers, and GenCare service for the fuel cells and hydrogen system. The contract with FreezPak Logistics also includes a 10-year hydrogen supply agreement.

"Plug Power worked together as partners alongside FreezPak to develop and install a mini-GenFuel system, making the very real operational and productivity benefits of hydrogen fuel cells a reality for smaller fleet customers, like FreezPak," Plug Power CEO Andy Marsh said in a statement.

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