Hydrogen energy leader Plug Power completes $525 million debt financing, stock price hits highest increase in nearly a year.

According to the Wise Wealth APP, hydrogen equipment leader Plug Power (PLUG.US) announced that it had secured $525 million in guaranteed debt financing and explicitly stated that it would not issue additional shares by 2025. This news propelled its stock price to its largest single-day increase in nearly a year. In Monday's trading, the company's stock price surged by 46% at one point and ultimately closed at $1.02, marking its best performance since May 2024.