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Plug Power raised $370M via warrants, boosting hydrogen expansion and investor confidence.
Plug Power raised $370 million via warrant inducement, granting an institutional partner the right to buy shares at $7.75, with up to $1.4 billion in potential upside by February 2026, boosting liquidity and investor confidence.
The funding supports expansion of hydrogen fuel cell and electrolyzer production, with shares rising over 8% and the HYDR ETF following suit.
Cadent Gas secured £96 million from Ofgem for a 140-km hydrogen pipeline along the UK’s East Coast, part of a broader £500 million national push to decarbonize industry.
The project will transport green and blue hydrogen to industrial hubs, supporting steel, chemicals, and power sectors.
Ponant, GTT, and Bloom Energy launched the Swap2Zero project, a net-zero cruise initiative set for 2030, combining LNG-fed fuel cells, carbon capture, and wind-assisted propulsion to cut emissions by 80%.
Talke USA began retrofitting two Class 8 trucks in Texas with hydrogen fuel cells, aiming to reduce emissions in the chemical corridor with quick refueling and maintained performance.
Plug Power recaudó $ 370M a través de garantías, impulsando la expansión del hidrógeno y la confianza de los inversores.