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PLUG POWER RECEIVES $217 MILLION CASH INVESTMENT
Smart Hydrogen, a joint venture by the two principal investors of Interros, a large Russian investment firm, and Norilsk Nickel, the world’s largest producer of nickel and palladium invested $217 million in Plug Power in 2006. With the long-term vision of leading the establishment of a global hydrogen economy, Smart Hydrogen chose Plug Power for its well-managed business model, superior technology and exciting prospects for global growth.
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