Shares of Plug Power (PLUG) rose 19% in premarket trade after reaching a deal for SK Group to make a $1.5 billion strategic investment and form a joint venture company in South Korea. The investment will represent a roughly 10% stake in Plug Power, a hydrogen fuel cell maker.
-Steve Goldstein; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
January 07, 2021 05:42 ET (10:42 GMT)
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