Plug Power to sell New York property for up to $142M, closing by June 30, 2026

Filed February 26, 2026 · Period ending February 24, 2026 · ~1 min read

Key Changes

• high

  Plug Power agreed to sell its Alabama, New York property and related assets to Stream US Data Centers for $132.5M-$142.0M. Final price depends on closing timing and removal of hydrogen storage equipment.

  Item 1.01 verify on EDGAR →
• high

  Transaction must close by June 30, 2026 and requires multiple conditions including title delivery, permit transfers, governmental approvals, environmental reviews, and buyer securing a tenant lease.

  Item 1.01 verify on EDGAR →
• medium

  Either party can terminate if closing doesn't occur by deadline. Agreement includes liquidated damages protecting Plug Power if buyer defaults.

  Item 1.01 verify on EDGAR →