Plug Power Wins Government Loan. CEO Is Confident About Trump Era.
The news comes just days before President Donald Trump takes office with plans to reduce support for clean energy companies.
Plug Power Stock Charges Higher On $1.66B Department Of Energy Loan: The Details
Plug Power shares are trading higher in the after-hours session Thursday after the green hydrogen company announced a loan guarantee from the U.S. Department of Energy.
Rivian and Plug Power close government loan deals just before Trump takes office
Just in time, clean-energy companies Rivian Automotive Inc. and Plug Power Inc. have closed loan agreements with the Biden administration that will fund the construction of manufacturing plants in the United States.
Plug Power secures $1.6 billion loan deal with federal government
The status of the loan guarantee has been a frequent topic of discussion during Plug's earnings calls over the past year, with analysts peppering company executives with questions
Biden finalizing DoE loans for Plug Power, Rivian before Trump returns - Bloomberg
Plug Power (NASDAQ:PLUG) +1.7% and Rivian Automotive (RIVN) +1.1% in early trading Thursday following a Bloomberg report that the Biden administration is poised to finalize billions of dollars in financing for the two companies before President-elect Trump returns to the White House.
Plug Power Secures $1.66B Government Loan for Hydrogen Production
Plug Power closed a $1.66 billion loan guarantee from the Energy Department, the company said Thursday. The hydrogen energy company expects to use the loan to construct six hydrogen production projects in the U.
Rivian, U.S. finalize $6.6. billion loan before Trump retakes office
The Department of Energy announced Thursday the closing of $6.6 billion in financing for Rivian to construct a Georgia ...
US announces nearly $23 billion in loans to energy utilities across 12 states
The U.S. Energy Department's loan office on Thursday announced $22.92 billion in conditional financing for several energy ...
Energy Dept. Backs $22 Billion in Loans to Reshape U.S. Power Grids
The loan guarantees are one of the final attempts by the outgoing Biden administration to encourage power companies to cut ...
PG&E Gets Record $15 Billion Loan in One of Biden’s Final Acts
The Biden administration finalized a record $15 billion loan guarantee to PG&E Corp. in one of the Biden’s administration’s ...
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Biden’s Green Loan Office Offers Up A Staggering $22 Billion In Admin’s Final Hours
The Biden administration’s green loan office is shelling out nearly $23 billion to utility companies for green energy ...
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Energy Department closes $1.2 billion in loans to Puerto Rico power producers
Loan guarantees by Loan Programs Office intend to finance grid enhancement to build resilience and expand access to ...
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As Last Measure, Biden Administration Unveils $23B in Utility Loan Commitments to Modernize Grid, Boost Clean Energy
As a significant final move before the incoming Trump administration takes office, the Biden administration has announced ...
Chart Reveals Trump Could Undo All of Biden's Student Loan Forgiveness
More than 5 million Americans have benefited under Biden's presidency due to his student loan forgiveness policies.