Samantha Hoh's questions to Plug Power Inc (PLUG) leadership • Q4 2024
Question
Samantha Hoh asked about the potential for state-level stimulus from Texas and the process for monetizing Production Tax Credits (PTCs).
Answer
CEO Andrew Marsh noted he has not seen specific Texas stimulus initiatives but confirmed the state's delegation is helpful in advancing matters with the DOE. Paul Middleton, executive, explained PTCs can be monetized via direct pay upon filing a tax return or potentially sold earlier at a discount through a broker, a process they are actively exploring.