{"id":2935,"date":"2016-12-30T12:34:05","date_gmt":"2016-12-30T16:34:05","guid":{"rendered":"https:\/\/plugpower.local\/?p=2935"},"modified":"2016-12-30T12:34:05","modified_gmt":"2016-12-30T16:34:05","slug":"financing-101-how-we-turned-30-million-into-50-million","status":"publish","type":"post","link":"https:\/\/www.plugpower.com\/blog\/financing-101-how-we-turned-30-million-into-50-million\/","title":{"rendered":"Financing 101 – How we Turned $30 million into $50 million"},"content":{"rendered":"
Paul Middleton, CFO<\/em><\/p>\n
No, Plug Power does not print money, but we did have a very specific strategy when we raised the recent equity round of financing. The raise was done as part of a series of transactions to enhance our liquidity profile, and have us exit 2016 in a strong position for continued growth in 2017 and beyond.<\/p>\n