Plug Power to acquire Frames Group to expand electrolyzer systems integration in Europe

Plug Power signed a definitive agreement to acquire Frames Group, a Netherlands-headquartered turnkey systems integrator with about 300 employees, on November 9, 2021. The deal supports Plug's goal of 3 GW installed electrolyzer capacity by 2025.

“Plug Power Inc. signed a definitive agreement to acquire Frames Group, a leader in turnkey systems integration for the energy sector.”globenewswire.com

• 1 source
• globenewswire.comPlug Power Acquires Frames Group to Boost Engineering,Nov 9, 2021

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