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SK Group, Plug Power to Form Joint Venture to Enhance Footprint in Asian Hydrogen Market

SK Group will acquire a 9.9% ownership stake in Plug Power with an investment of $1.5 billion

January 8, 2021

/ Harsh Shukla
/ Finance and M&A, Other
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US-based hydrogen fuel cell provider Plug Power has announced that it is forming a strategic partnership with South Korean conglomerate SK Group to enhance its footprints in the Asian hydrogen market.

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Harsh Shukla

More articles from Harsh Shukla.
Asian MarketHydrogeninvestmentPlug PowerSK GroupSouth Korea
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