Plug Power Inc. (PLUG), the provider of turnkey hydrogen solutions for the global green hydrogen economy, has concluded the acquisition (announced this October) of Applied Cryo Technologies. The financial terms of the deal have been kept under wraps.  Applied Cryo Technologies is a provider of technology, equipment and services for the transportation, storage and distribution of liquefied hydrogen and other cryogenic gases. The acquisition is expected to help in the development of Plug Power’s green hydrogen infrastructure.  Benefits of the Acquisition  The acquired company enhances capabilities, expertise, and technologies of Plug Power, along with the addition of a liquid hydrogen delivery network and fleet, liquid hydrogen storage, and hydrogen mobility fueling.
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Plug Power (NASDAQ:PLUG)
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