BlackRock Increases Stake in Plug Power Inc. to 10.5% with 146.9M Shares

BlackRock, Inc. has filed a Schedule 13G/A (Amendment No. 5) dated April 7, 2026, reporting a significant increase in its stake in Plug Power Inc. (PLUG). As of the event date on March 31, 2026, BlackRock beneficially owns 146,967,765 shares of common stock, representing a 10.5% ownership stake in the company. This marks a substantial increase from the previously reported 0.0% position. The filing indicates that BlackRock holds sole voting power over 144,843,382 shares and sole dispositive power over the full 146,967,765 shares. The shares were acquired in the ordinary course of business, with no intent to change or influence the control of the issuer. Various subsidiaries under the BlackRock umbrella, such as BlackRock Fund Advisors and BlackRock Institutional Trust Company, N.A., are identified as holding portions of the reported position. No single person's interest in the common stock exceeds five percent of the total outstanding shares beyond the reporting entity's aggregate holdings.