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Gateway Data Center Project Asset Sale

Sector: Power Generation (CCGT) • Location: New York, United States

Source: Ad Hoc News

Project
Planned

Plug Power is restructuring the Gateway data center project in New York into a $142 million deal that will close in stages through the end of March 2027. About $16.5 million is already in escrow and available immediately. The project faces a one-year moratorium on data centers larger than 50 megawatts imposed by the New York governor while environmental impacts are reviewed.

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Project Information

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The project “Gateway Data Center Project Asset Sale” is an infrastructure initiative in the Power Generation (CCGT) sector, located in New York, United States. Taiyo aggregates data on it from Ad Hoc News.

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planned

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Description

Description

Plug Power is restructuring the Gateway data center project in New York into a $142 million deal that will close in stages through the end of March 2027. About $16.5 million is already in escrow and available immediately. The project faces a one-year moratorium on data centers larger than 50 megawatts imposed by the New York governor while environmental impacts are reviewed.

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Source reliability

High

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