Plug Power Signs $132.5M Asset Sale Deal With Stream Data Centers

Reuters02-27 05:01
<a href="https://laohu8.com/S/PLUG">Plug</a> Power Signs $132.5M Asset Sale Deal With Stream Data Centers

Plug Power Inc. said it signed a definitive agreement to sell its interest in the Project Gateway site in New York to Stream Data Centers for gross proceeds of at least $132.5 million, with potential total proceeds of up to $142 million depending on closing timing and certain conditions. The deal includes land and associated infrastructure, select substation-related assets, and the assignment of related agreements, and is expected to close by the end of June 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Plug Power Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602261601PRIMZONEFULLFEED9662493) on February 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment