PLUG Stock Alert: Plug Power Gets Approval for HyVia Acquisition
PLUGPlug Power(PLUG) Investor Place·2024-07-16 00:41

Plug Power (NASDAQ:PLUG) stock is on the move Monday after the hydrogen and fuel cell company got approval for its acquisition of HyVia.This approval comes from the EU and allows Plug Power to complete its join acquisition of HyVia alongside Renault (OTCMKTS:RNLSY). This will give them a 50-50 split ownership of HyVia.A big focus of this joint venture will have Plug Power and Renault focusing on the development of fuel cell technology and hydrogen fuel. This tech will use Renault’s platform and be used in f ...