Plug Power Signs Supply Deal With Arcadia eFuels Covering 1 GW of Electro-Sustainable Aviation Fuel Projects

07:45 AM EDT, 09/29/2026 (MT Newswires) -- Plug Power (PLUG) said Tuesday it signed an agreement with Arcadia eFuels potentially covering more than 1 gigawatt of electro-sustainable aviation fuel projects in Europe and the Americas. The company said it signed a supply agreement with Arcadia eFuels for Project ENDOR in Denmark. The facility is expected to use renewable grid power to run 280 megawatts of Plug electrolyzers to produce roughly 110 tons of renewable hydrogen a day, it said. Arcadia eFuels will combine that hydrogen with captured carbon dioxide to make jet fuel for standard aircraft, Plug Power said. Shares of Plug Power were up 4.4% in Tuesday's premarket activity.