Replies to post #55051 on Plug Power Inc (PLUG)

[Penny chatter]

Congrats Jackie it's going

[Penny chatter]

Think you'll have a bad day today Jack

[Penny chatter]

Plug Power PLUG, 6.22%, which provides hydrogen fuel-cell technology, finalized a term-sheet negotiation with the Department of Energy for a $1.6 billion loan facility, Chief Executive Andy Marsh said on an investor call Tuesday. The company has been experiencing liquidity challenges, issuing a going-concern warning late last year and disclosing approval for a stock-sale plan last week.

“This funding, when received, will support the development, construction and ownership of up to six hydrogen-production facilities, significantly advancing green-hydrogen deployment in the United States,” Marsh said of the new Department of Energy