---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-005600"
form_type: "8-K"
ticker: "PLUG"
cik: "0001093691"
company_name: "PLUG POWER INC"
filed_at: "2025-01-23T23:59:59+00:00"
generated_at: "2026-05-27T13:18:01.233861+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Plug Power secures DOE loan guarantee up to $1.66B; initial $387.6M for Texas hydrogen plant

## Summary
- DOE loan guarantee of up to $1.66B to finance up to six green hydrogen production facilities.
- Initial advance of $387.6M for Limestone Project in Young County, Texas, plus up to $26.8M capitalized interest.
- Maturity March 5, 2043; quarterly payments start June 5, 2028; rate = U.S. Treasury rate + 2%.
- Loan is full recourse, secured by borrower's assets, including intellectual property.
- Advances subject to technical, financial, and regulatory conditions precedent.

## SEC filing metadata
- accession: 0001104659-25-005600
- form_type: 8-K
- ticker: PLUG
- cik: 0001093691
- company_name: PLUG POWER INC
- filed_at: 2025-01-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1093691/000110465925005600/0001104659-25-005600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093691/000110465925005600/tm254135d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-005600
- JSON: https://secwatch.observer/filing/0001104659-25-005600.json
- Plain text: https://secwatch.observer/filing/0001104659-25-005600.txt

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