Plug Power public follow-on offering — 28M shares × $65 = $1.82B
Plug Power upsized $1.82B follow-on offering — largest US clean-hydrogen follow-on of 2021. Coincided with $1.5B SK Group strategic equity investment.
$1.82B
Deal Value
Hydrogen & Fuel Cells
Technology
NY
Location
Deal Details
- Deal Type
- Corporate Debt & Capital Markets
- Seller / Sponsor
- Plug Power Inc. (NASDAQ: PLUG)
- Buyer / Financier
- Morgan Stanley (lead bookrunner)
- Deal Value
- $1.82B (upsized from $1.5B)
- Stage
- Growth
- ISO/RTO
- NYISO
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