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Gateway Project Amendment and Sale

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

Source: IndexBox

Project
Planned

Amendment of the purchase and sale agreement for the Gateway Project between Plug Power and Stream US Data Centers. Stream's $6.5 million escrow deposit will be returned, a new $10 million escrow deposit will be placed for land acquisition, and closing terms adjusted to allow near-term land sale. The long-stop closing date for non-land assets sale is extended to March 31, 2027. Purchase price rema

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Project Information

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The project “Gateway Project Amendment and Sale” is an infrastructure initiative in the Power Generation (CCGT) sector, located in New York, United States. Taiyo aggregates data on it from IndexBox.

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Participants

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Status

Original status

planned

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

Amendment of the purchase and sale agreement for the Gateway Project between Plug Power and Stream US Data Centers. Stream's $6.5 million escrow deposit will be returned, a new $10 million escrow deposit will be placed for land acquisition, and closing terms adjusted to allow near-term land sale. The long-stop closing date for non-land assets sale is extended to March 31, 2027. Purchase price remains $142 million.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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