** Shares of Fortescue FMG.AX fall 0.8% to A$15.98, in-line with 0.8% drop in mining sub-index .AXMM
** Stock set for fourth straight week of loss, is down nearly 3% this week
** FMG axes investment pact with U.S. hydrogen giant Plug Power in the latest blow for the clean energy power source, as per a media report
** Analysts at Morgan Stanley see risk to the book value of FMG's energy business if projects are abandoned
** Brokerage has a current book valuation of A$1.8 billion ($1.14 billion) for FMG's energy operations
** Plug Power was FMG’s preferred supplier for its Gibson Island project in Queensland
** Stock down 12.4% YTD
($1 = 1.5813 Australian dollars)
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com;))
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