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Plug Power Inc. (NASDAQ:PLUG) shares are trading higher today. The hydrogen solutions provider launched an equipment lease financing platform. The company aims to raise over $150 million in the near to mid-term through a combination of debt leverage and customer financing solutions. The platform is designed to unlock capital from Plug’s equipment assets and offer financing options to drive sales growth. In its initial step, Plug finalized three sale and leaseback deals totaling around $44 million with GTL Leasing, a portfolio company of Antin Infrastructure Partners. “It provides for immediate capital with a path to additional capital over the near term, supports our growth in the green hydrogen sector, and aligns with ...


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