Graham project sale and New York closing to add $80 million liquidity, PLUG POWER INC confirms

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13.07.2026

Graham project sale and New York closing to add $80 million liquidity, PLUG POWER INC confirms — PLUG POWER INC nets $80 million deal

PLUG POWER INC announced the sale of its Graham, Texas project and a staged closing of the New York Gateway Project with Stream Data Centers, expecting to raise $80 million in near-term liquidity as part of a broader initiative exceeding $275 million.

The move is aimed at strengthening the company balance sheet and providing additional financial flexibility. The proceeds are part of a multi-step plan to bolster liquidity and pursue future growth opportunities in the rapidly evolving energy and data center sectors.

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PLUG POWER INC recently installed a 5 MW GenEco PEM electrolyzer at European Energy’s facility in Denmark to increase hydrogen output, according to a company statement. In Australia, the company secured a 50MW electrolyzer order as the Orica Hunter Valley Hub advanced to a major renewable hydrogen milestone at final investment decision, as reported previously. Both projects highlight PLUG POWER’s ongoing activity in hydrogen infrastructure.

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