Plug Power sells Graham, Texas project to Stream Data Centers for up to $76.5 million

Plug Power Inc.

Plug Power Inc.

PLUG

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  • Plug Power agreed to sell its Graham, Texas project to Stream Data Centers for up to $76.5 million, with closing targeted around July 31, 2026.
  • Deal includes $50 million at closing, with up to $26.5 million tied to confirmed load capacity under the final interconnection agreement.
  • Transaction is expected to release about $14 million of cash collateral, lifting total liquidity impact to roughly $90.5 million.
  • Plug also reworked its New York Gateway sale to Stream, unlocking $6.5 million from escrow and adding a new $10 million escrow deposit.
  • Gateway purchase price remains $142 million, with the non-land closing deadline extended to March 31, 2027.


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: 202607130700PRIMZONEFULLFEED9760877) on July 13, 2026, and is solely responsible for the information contained therein.

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