Plug Power Inc.

About Plug Power Inc.

Plug Power is a leader in the hydrogen and fuel cell industry, focused on powering the hydrogen revolution with clean energy solutions. Their mission is to help organizations solve productivity and operational challenges through hydrogen and fuel cell technologies, contributing to global environmental goals and energy independence.

Products & Services

Fuel Cell Power - GenDrive:Material handling power solutions with Series 1000, 2000, and 3000 fuel cells for various industrial applications.

Fuel Cell Power - GenSure:Stationary power systems, including W-Scale Power, for reliable backup and primary power sources.

Hydrogen - GenFuel:Hydrogen solutions for fueling systems, integrated with fuel cell products for fast-fill and IoT reporting.

Hydrogen - Cryogenic Solutions:Trailer solutions for transporting hydrogen from production plants to users worldwide.

Hydrogen - Hydrogen Liquefiers:Systems for liquefying hydrogen to support various applications.

Hydrogen - GenEco Electrolyzers:Industry-leading electrolyzer products for producing affordable hydrogen, including renewable generation and storage solutions.

GenDrive fuel cells (Series 1000/2000/3000)

GenSure stationary power systems

GenFuel

Hydrogen liquefier

Electrolyzer products

Specialties

Hydrogen Production and Liquefaction Fuel Cell Systems for Material Handling Stationary Power Systems Electrolyzer Technology Hydrogen Storage and Handling Hydrogen Dispensing Solutions Hydrogen production and liquefaction Fuel cell power for material handling Stationary and backup power Decarbonization solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: ITC Transfer T: - FT: ITC Transfer	A: 39200000 MR: - FA: ~$39.2 million FAN: 39200000	D: 2026-06-02 FD: 2026-06-02	1 investors
2	RT: Debt T: - FT: Debt	A: 399400000 MR: - FA: 399.4 million FAN: 399400000	D: 2025-11-21 FD: 2025-11-21	-
3	RT: Debt T: - FT: Debt	A: 375000000 MR: - FA: $375 million FAN: 375000000	D: 2025-11-18 FD: 2025-11-18	-
4	RT: Warrant Inducement T: - FT: Warrant Inducement	A: 370000000 MR: - FA: approximately $370 million FAN: 370000000	D: 2025-10-08 FD: 2025-10-08	1 investors
5	RT: Secured Credit Facility T: - FT: Secured Credit Facility	A: 525000000 MR: - FA: $525 million FAN: 525000000	D: 2025-05-06 FD: 2025-05-06	1 investors
6	RT: Equity Offering T: - FT: Equity Offering	A: 280000000 MR: - FA: 280 million FAN: 280000000	D: 2025-03-19 FD: 2025-03-19	4 investors
7	RT: Tax Credit Transfer T: - FT: Tax Credit Transfer	A: 30000000 MR: - FA: approximately $30 million FAN: 30000000	D: 2025-01-24 FD: 2025-01-24	1 investors
8	RT: Loan Guarantee T: - FT: Loan Guarantee	A: 1660000000 MR: - FA: 1.66 billion FAN: 1660000000	D: 2025-01-16 FD: 2025-01-16	1 investors
9	RT: Grant T: - FT: Grant	A: 10000000 MR: - FA: $10 million FAN: 10000000	D: 2024-09-05 FD: 2024-09-05	1 investors
10	RT: Public Offering T: - FT: Public Offering	A: 200000000 MR: - FA: approximately $200 million FAN: 200000000	D: 2024-07-19 FD: 2024-07-19	6 investors
11	RT: Public Offering T: - FT: Public Offering	A: 200000000 MR: - FA: 200,000,000 FAN: 200000000	D: 2024-07-18 FD: 2024-07-18	1 investors
12	RT: Loan Guarantee T: - FT: Loan Guarantee	A: 1660000000 MR: - FA: 1.66 billion FAN: 1660000000	D: 2024-05-14 FD: 2024-05-14	1 investors

ITC Transfer Latest

2026-06-02

$39.2M

1 investor (Pro only)

Debt 2025-11-21

$399.4M

Debt 2025-11-18

$375.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

J

Jose Luis Crespo

President & Chief Executive Officer

B

Bridgid Brown

Chief of Staff

D

Dean Fullerton

Chief Operating Officer

G

Gerard Conway Jr

Chief Legal Officer

P

Paul Middleton

Chief Financial Officer

B

Benjamin Haycraft

Chief Strategy Officer & General Manager EMEA Region

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Recent News

Plug Power Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised