Blog

By Andy Marsh, CEO and Executive Chairman I want to sincerely thank all of the shareholders who participated in our Special Meeting. Your vote prevented a reverse stock split — we passed Proposal 2 with 50.08% of the outstanding shares. Every single vote mattered. Let me provide a little context. In July 2025, Plug held ...

By: Andy Marsh, CEO and Chairman Another of many voting posts, but sharing this as I just went through it in case it’s handy. Voting via DEGIRO is no longer possible as they require weeks of notice prior to the Special Meeting. However, as other investors mentioned on Reddit, DEGIRO can issue a stamped Certificate ...

By: Andy Marsh, CEO and Executive Chairman Based on the most recent preliminary tabulation, approximately 49.7% of the outstanding shares have voted FOR Proposal 2. We need a majority of the outstanding shares (50% plus one share) to get this done. Let me restate this as clearly as possible: How you can help right now: ...

By: Andy Marsh, Plug CEO and Executive Chairman First, we recognize that it has been challenging for European shareholders to vote. The effort so many of you have made to vote is astonishing – thank you. The challenge is that some European shareholders experience additional steps when voting their shares due to differences in brokerage ...

Hydrogen is now moving through one of Europe’s most important early hydrogen infrastructure projects. Plug has completed the first hydrogen fill of Hynetwork’s 32-kilometer pipeline segment in the Rotterdam industrial cluster, supplying 32 tons of RFNBO-certified hydrogen to support initial commissioning. This milestone marks the first major pipeline section of the Dutch hydrogen network to ...

By: Andy Marsh, Plug CEO and Executive Chairman We are making good progress toward securing approval of Proposal 2, the increase in the number of authorized shares available for issuance. Since Thursday, the number of votes needed has been reduced by nearly two-thirds, and we are now within roughly 1% of the total outstanding shares ...

By Andy Marsh, Plug CEO and Executive Chariman There seems to be confusion about whether the company will do a reverse stock split. Let me clarify. Proposal 2 is simply about increasing the number of authorized shares. If Proposal 2 passes: If Proposal 2 does not pass: There should be no misunderstanding: if Proposal 2 ...

By Andy Marsh, CEO and Executive Chairman We are asking you to vote YES on Proposal 2, which increases the number of authorized shares. If Proposal 2 does not pass, Plug will be forced to implement a reverse stock split to meet our contractual obligations by the end of February – something no one wants. ...

From: Andy Marsh, CEO and Executive Chairman We do know that many of our long-time investors in Europe are having a hard time voting. In many cases, European brokers actually require investors to pay to vote. It doesn’t feel right, but that is the reality. Our team is actively working with our lawyers and our ...

By: Andy Marsh, CEO and Executive Chairman Retail investors can have unusual power when voting on a routine proposal. Proposal 2—the increase in the number of authorized shares—is a routine proposal. Let me explain why your vote matters more than you might think. Assume you bought 10,000 shares through Fidelity. You own the shares, but ...

Author: Andy Marsh, Plug CEO and Executive Chairman We are encouraging our shareholders to vote yes for Proposals 1 and 2. Proposal 2 is for increasing the number of authorized shares. If this proposal does not pass, we will effectuate a reverse stock split. We must either increase the number of shares or do a ...

Industrial hydrogen demand is not theoretical. In downstream refining, it is essential to daily operations, product quality, and regulatory compliance. As refiners work to reduce emissions without compromising reliability or throughput, on site green hydrogen has become a critical lever. At Galp’s Sines Refinery in Portugal, Plug Power is supporting one of Europe’s most significant ...