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fastlizzy

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fastlizzy

Re: hettygreen post# 8400

Thursday, 06/29/2006 8:31:55 PM

Thursday, June 29, 2006 8:31:55 PM

Post# of 91977
You are flying with DESC! PLUG had lots of news today!

Thursday , June 29, 2006 13:09 ET

Plug Power Inc. (PLUG) announced that it  has closed on a previously announced $217 million investment by Smart Hydrogen, a joint venture of two Russian companies. In exchange for the cash, investment firm Interros and nickel and palladium producer Norilsk Nickel received shares of Class B stock that are convertible into 39.5 million shares of common stock. The purchase price is $5.50 per share.


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