How many acquisitions has Plug Power made so far?

Plug Power has completed 8 acquisitions so far, with an average acquisition amount of $45M.

Which countries does Plug Power usually acquire in?

Plug Power has made acquisitions in 3 countries with the most activity in United States and Canada.

Which is Plug Power's latest acquisition?

Plug Power's most recent acquisition is Joule Processing, a Provider of energy efficiency services, acquired in January 2022.

In which year did Plug Power make the most acquisitions?

Plug Power was most active in 2021, with 2 acquisitions completed in that year.

List of 8 Acquisitions by Plug Power (Sep 2026)

Most viewed in 2019

Plug Power has made a total of 8 acquisitions. The company completed 2 acquisitions in both 2020 and 2021, and 1 in 2022. These activities occurred across 3 countries: United States, Canada, and Netherlands. Operations span 4 sectors, including Energy Storage, Drones, Energy Storage Tech, and a fourth category. The average number of acquisitions per year from 2020–2025 is 0.6, with 0 acquisitions completed in the current year. Its most recent acquisition is Joule Processing, a Houston-based energy efficiency services provider founded in 2009, which was acquired in 2022.

Here's the year on year acquisition history of Plug Power:

Number of Total Acquisitions

Year	# Acquisitions
2022	1
2021	2
2020	2
2019	1
2018	1
2007	1

View all Acquisitions by Plug Power

Recent acquisitions by Plug Power

Plug Power's most recent acquisition - Joule Processing is a Provider of energy efficiency services, founded in 2009 and located in Houston. Plug Power acquired it in January 2022 for a price of $*****.

Here is the list of all acquisitions by Plug Power sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Jan 2022	Joule Processing	wknd	vpsb	92	466
Nov 09, 2021	Frames	bjab	poov	10	189
Oct 14, 2021	ACT	hb{k	ziws	81	678
Jun 23, 2020	Giner ELX	v{zg	qyrj	95	590
May 07, 2020	United Hydrogen	fald	mzkg	46	305