Plug Power Stock Slides in Premarket After $132.5 Million Project Gateway Sale Deal

Plug Power stock slides in premarket after $132.5 million Project Gateway sale deal

Plug Power shares fell 0.5% to $1.90 premarket Friday after announcing a deal to sell its Project Gateway site in New York to Stream Data Centers for at least $132.5 million. The sale, which could reach $142 million depending on conditions, is set to close by June 30, 2026, pending regulatory and contractual approvals. Plug closed Thursday at $1.91. The company’s next earnings report is due March 2. The post Plug Power stock slides in premarket …

H2-View News: Plug Power sells New York hydrogen site to data centre developer for $132.5m

The US hydrogen player has entered a definitive agreement with Stream Data Centers to sell its Project Gateway site at the STAMP industrial park in New York, including land, associated infrastructure, and substation assets. The STAMP site had secured substantial grid and substation capacity for hydrogen electrolysis – infrastructure now highly attractive to power-hungry data

Plug Power Executes $132,5 Million Definitive Agreement with Stream Data Centers as First Step in $275 Million Strategic Infrastructure Optimization Initiative

Plug Power Executes $132,5 Million Definitive Agreement with Stream Data Centers as First Step in $275 Million Strategic Infrastructure Optimization Initiative SLINGERLANDS, N.Y., Feb. 26, 2026 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced it has entered into definitive agreement with Stream Data Centers, a time-tested hyperscale data center develo…

Plug Power Executes $132.5 Million Definitive Agreement with Stream Data Centers as First Step in $275 Million Strategic Infrastructure Optimization Initiative

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