Replies to post #56264 on Plug Power Inc (PLUG)

[uksausage]

Yes, they stopped the expansion at Georgia just like Texas and NY Stamp until they get project financing loan from the DOE.

I would expect the Georgia expansion to be the first to completion as much of the infrastructure is in place.

It will be interesting to see when PLUG decides they can start these projects, the loan should give. them 80% of what they have spent on Texas already upfront. I don't think they are getting anything for the current Georgia 15 TPD facility

Texas is important due to the customers they have there, dont really want to truck liquid H2 form Georgia to Dallas.

Earnings call will be very interesting and the tax credit news may be significant as well

[scubastevemd]

So, what the heck happened from August to the end of the year? How did they miss so bad on revenue and all the cash dry up? What happened is what we all should be asking or were they just blowing smoke because that is a huge miss.