Toyota Material Handling Europe and Plug Power, supply partners of STEF, to bring cutting-edge hydrogen forklift and hydrogen fuel cell solutions to two of its cold storage distribution centers, in France and Spain

SLINGERLANDS, N.Y., April 03, 2025 (GLOBE NEWSWIRE) — STEF Group, European leader in transport and logistics services for temperature-controlled food products, has recently launched two hydrogen projects with Toyota Material Handling Europe, a supplier of hydrogen fuel cell material handling equipment, and Plug Power, a provider of end-to-end green hydrogen solutions. The two projects are located in Athis-Mons, France and Torrejón de Ardoz, Spain. This initiative marks a significant step towards developing a comprehensive hydrogen ecosystem that integrates H2 production and H2-powered material handling equipment.E-mail: [email protected]
Tel: +33 6 35 23 10 88E-mail: [email protected]
Tel: +32 3 302 3245, +32 498 69 73 92Email : [email protected] Power is building the global hydrogen economy with a fully integrated ecosystem spanning production, storage, delivery, and power generation. A first mover in the industry, Plug Power provides electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure to industries such as material handling, industrial applications and energy producers—advancing energy independence and decarbonization at scale.
This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc. (“Plug”), including but not limited to statements about Plug’s partnership with STEF; Plug’s deployment of its hydrogen-powered solutions and provision of its GenKey ecosystem and ongoing services; STEF’s potential improvement in operational productivity, potential advantages Hydrogen offers concerning material handling operations and potential expansion of Plug’s footprint in Europe. Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Plug in general, see Plug’s public filings with the Securities and Exchange Commission (the “SEC”), including the “Risk Factors” section of Plug’s Annual Report on Form 10-K for the year ended December 31, 2024, and any subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made as of the date hereof, and Plug undertakes no obligation to update such statements as a result of new information

(GlobeNewsWire)