Plug Power Reports Record Gross Billings in the Second Quarter
Completed Strategic Acquisitions in Line with its
Green Hydrogen Vertical Integration Strategy
Issued First Ever Convertible Green Bond in the US
? Delivered record gross billings of $72.4M in Q2 2020 supporting our customers during the
COVID-19 pandemic
? Completed acquisitions of United Hydrogen and Giner ELX, accelerating our green
hydrogen strategy
? Reaffirming 2020 full year guidance and providing Q3 2020 guidance of $110M to $115M
for gross billings
? Reaffirming recently increased 2024 financial targets to achieve $1.2B in revenue (up from
$1B), $200M in operating income (up from $170M) and $250M in adjusted EBITDA (up
from $200M)
? Engaged with multiple locations to build a center-of-excellence fuel cell and electrolyzer
stack Gigafactory
? Issued first ever convertible green bond in the US
? Ongoing expansion in Europe to build a substantial presence in our core market of
material handling and expand into on-road and other applications, and green hydrogen
generation business with strategic partners
? Hosting second annual Plug Symposium on September 24, 2020
s21.q4cdn.com/824959975/files/doc_fin...
Super cijfers !!!
Plug Power Develops 1kW ProGen Fuel Cell System for Robotics and Drone Applications
Lightweight, Rugged 1kW System Delivers Extended Endurance in Demanding Operating Conditions
www.globenewswire.com/news-release/20...
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