Plug Power's financial trouble stirs concern over Genesee County plant

Plug Power's financial trouble stirs concern over Genesee County plant

Just six months ago, economic development officials were gushing about plans by Plug Power to expand the “green hydrogen” facility it is building in Genesee County, calling it one of the biggest investments ever in the region. Now, questions surround the future of the project – and the company. Plug Power, the Albany-based company behind the $678 million project, issued a dire warning to investors earlier this month, saying that it was running dangerously short on funds, raising concerns that …