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Georgia Hydrogen Plant ITC Transfer

Sector: Hydrogen • Location: Woodbine, Georgia, United States

Source: Argus Media

Project
Completed

Plug Power has enhanced its liquidity by transferring a federal investment tax credit (ITC) from its hydrogen plant in Woodbine, Georgia, to an unspecified investor. This marks a significant move as it is among the first deals utilizing transferability rules under the Inflation Reduction Act for hydrogen assets.

Status
Closed
Sector
Hydrogen, Power Generation (CCGT)
Location
Woodbine, Georgia, United States of America
Updated
22 Jul 2026
Source
Argus Media

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The project “Georgia Hydrogen Plant ITC Transfer” is an infrastructure initiative in the Hydrogen sector, located in Woodbine, Georgia, United States. Taiyo aggregates data on it from Argus Media.

Participants

Not available for this record.

Status

Original status

Completed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Plug Power has enhanced its liquidity by transferring a federal investment tax credit (ITC) from its hydrogen plant in Woodbine, Georgia, to an unspecified investor. This marks a significant move as it is among the first deals utilizing transferability rules under the Inflation Reduction Act for hydrogen assets.

Original sector

Hydrogen

Budget

Location

Country

United States of America (USA)

State

Georgia

City

Woodbine

Source

Source

Argus Media

URL

More Details

Record type

Project

Sector

Hydrogen, Power Generation (CCGT)

Article published date

2025-01-30

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