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Plug PowerAsset sale

Plug Power Announces Sale of Graham, Texas Project and Staged Closing of New York Gateway Project with Stream Data Centers, Expects $80 Million in Near-Term Liquidity as Part...

What happened

Plug Power has entered into a definitive agreement to sell its Graham, Texas Project to Stream Data Centers.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

SLINGERLANDS, N.Y., July 13, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG) today announced two transactions with Stream US Data Centers, LLC ("Stream"), advancing the Company's previously announced strategic infrastructure optimization initiatives, which collectively target more than $275 million in liquidity improvement through a combination of asset monetization, release of restricted cash, and reduced maintenance expenses. In addition, Stream and Plug Power are now also actively exploring other opportunities for Plug to deploy its products into the data center industry. Plug previously announced in February 2026 that it had entered into a definitive agreement to sell its interest in the New York Gateway Project to Stream. As the parties continued to work toward satisfaction of the transaction's closing conditions, including applicable regulatory and project-related approvals, the parties agreed to restructure the transaction into a staged closing and to enter into a definitive agreement for the sale of Plug's Graham, Texas Project.

globenewswire.com/news-release/2026/07/13/3326068/9619/en/Plug-Power-...Read the full source

Extracted by Autobound

From the Signal API record
Event
Asset sale

What this signalsSelling part of the business often leads to a new focus and new budgets.

Stories
2
Location
Graham, Texas, United States

Companies

  • Stream Data CentersAcquirerstreamdatacenters.com

The full record

From the Signal API record

Numbers

Stories about this event
2

Details

Assets
Project

Extraction

Confidence
90%
Detected
Jul 13, 2026
signal_type
news
signal_subtype
sells_assets_to

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/65ce5254-1de5-3888-4ea2-db986f6b7d6f returns this record as JSON. POST /v1/companies/enrich returns every signal for plugpower.com.

{
  "signal_id": "65ce5254-1de5-3888-4ea2-db986f6b7d6f",
  "signal_type": "news",
  "signal_subtype": "sells_assets_to",
  "detected_at": "2026-07-13T11:00:00+00:00",
  "company": {
    "name": "Plug Power",
    "domain": "plugpower.com"
  },
  "data": {
    "url": "https://www.globenewswire.com/news-release/2026/07/13/3326068/9619/en/Plug-Power-Announces-Sale-of-Graham-Texas-Project-and-Staged-Closing-of-New-York-Gateway-Project-with-Stream-Data-Centers-Expects-80-Million-in-Near-Term-Liquidity-as-Part-of-275-M.html",
    "title": "Plug Power Announces Sale of Graham, Texas Project and Staged Closing of New York Gateway Project with Stream Data Centers, Expects $80 Million in Near-Term Liquidity as Part of $275 Million-Plus Initiative",
    "assets": "project",
    "excerpt": "SLINGERLANDS, N.Y., July 13, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG) today announced two transactions with Stream US Data Centers, LLC (\"Stream\"), advancing the Company’s previously announced strategic infrastructure optimization initiatives, which collectively target more than $275 million in liquidity improvement through a combination of asset monetization, release of restricted cash, and reduced maintenance expenses. In addition, Stream and Plug Power are now also actively exploring other opportunities for Plug to deploy its products into the data center industry.   Plug previously announced in February 2026 that it had entered into a definitive agreement to sell its interest in the New York Gateway Project to Stream. As the parties continued to work toward satisfaction of the transaction's closing conditions, including applicable regulatory and project-related approvals, the parties agreed to restructure the transaction into a staged closing and to enter into a definitive agreement for the sale of Plug’s Graham, Texas Project.",
    "summary": "Plug Power has entered into a definitive agreement to sell its Graham, Texas Project to Stream Data Centers.",
    "location": "Graham, Texas, USA",
    "planning": true,
    "image_url": "https://ml.globenewswire.com/Resource/Download/fca44a9a-2cd2-4474-8fa6-9fa45a133088",
    "confidence": 0.9,
    "published_at": "2026-07-13T11:00:00Z",
    "location_data": [
      {
        "city": "Graham",
        "state": "Texas",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "As the parties continued to work toward satisfaction of the transaction's closing conditions, including applicable regulatory and project-related approvals, the parties agreed to restructure the transaction into a staged closing and to enter into a definitive agreement for the sale of Plug’s Graham, Texas Project.",
    "related_company_name": "Stream Data Centers",
    "related_company_domain": "streamdatacenters.com"
  }
}

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