---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-128221"
form_type: "8-K"
ticker: "PLUG"
cik: "0001093691"
company_name: "PLUG POWER INC"
filed_at: "2022-12-19T23:59:59+00:00"
generated_at: "2026-06-21T02:21:48.123056+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Plug Power repays all debt under 2019 Generate Loan Agreement

## Summary
- Repaid all outstanding obligations under the March 2019 Generate Loan Agreement on Dec 14, 2022.
- All security interests and liens granted to Generate were terminated and released.
- No early termination penalties incurred in connection with the repayment.

## SEC filing metadata
- accession: 0001104659-22-128221
- form_type: 8-K
- ticker: PLUG
- cik: 0001093691
- company_name: PLUG POWER INC
- filed_at: 2022-12-19T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1093691/000110465922128221/0001104659-22-128221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093691/000110465922128221/tm2232947d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-128221
- JSON: https://secwatch.observer/filing/0001104659-22-128221.json
- Plain text: https://secwatch.observer/filing/0001104659-22-128221.txt

## Key facts
- Material Agreements
  PLUG POWER INC terminated Generate Loan Agreement with Generate PPL SPV I, LLC (effective 2022-12-14).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Generate PPL SPV I, LLC
  - Effective: 2022-12-14
  source text: On December 14, 2022, Plug Power Inc. and its subsidiaries, Emerging Power Inc., a Delaware corporation, Emergent Power Inc., a Delaware corporation, Plug Power Hydrogen Holdings, Inc., a Delaware corporation, Plug Power ELX Holdings, Inc., a Delaware corporation, United Hydrogen Group Inc., a Delaware corporation, and Giner ELX Sub, LLC, a Delaware limited liability company (the “Company”), repaid in full all outstanding obligations under the Loan and Security Agreement, dated as of March 29, 2019, as amended (the “Generate Loan Agreement”), with Generate PPL SPV I, LLC, as assignee of Generate Lending, LLC, a Delaware limited liability company (together, “Generate”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1093691/000110465922128221/0001104659-22-128221-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.