Plug Power gains after deal expansion with Allied Green Ammonia

Plug Power

09/06/2025 13:54

** Shares of hydrogen fuel cell maker Plug Power PLUG.O rise 2% to 98 cents premarket

** Co says it expands its partnership with Allied Green Ammonia with a new 2 gigawatt electrolyzer opportunity tied to a sustainable fuels project in Uzbekistan

** It adds that the deal will be executed during a three-day investment forum starting on Monday

** PLUG says the project remains on track for a final investment decision in Q4

** As of last close, PLUG down 54.5% YTD

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))