New York Gateway Project Sale
Sector: Data Center • Location: Slingerlands, New York, United States
Source: The Manila Times
Amended purchase and sale agreement for the New York Gateway Project between Plug Power and Stream US Data Centers, LLC. The agreement includes a staged closing with a $10 million escrow deposit for land purchase, release of a prior $6.5 million escrow deposit to Plug, and an extended long-stop closing date for non-land assets to March 31, 2027. The fixed purchase price is $142 million. Plug Power
- Status
- Prospective
- Sector
- Data Center, Power Generation (CCGT)
- Location
- Slingerlands, New York, United States of America
- Updated
- 22 Jul 2026
- Source
- The Manila Times
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Project Information
Participants
| Not available for this record. |
Status
Original status | under negotiation |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Amended purchase and sale agreement for the New York Gateway Project between Plug Power and Stream US Data Centers, LLC. The agreement includes a staged closing with a $10 million escrow deposit for land purchase, release of a prior $6.5 million escrow deposit to Plug, and an extended long-stop closing date for non-land assets to March 31, 2027. The fixed purchase price is $142 million. Plug Power retains ownership of substation and interconnection assets and a repurchase right over the land until the second closing. |
Original sector | Energy Infrastructure |
Budget |
Location
Country | United States of America (USA) |
State | New York |
City | Slingerlands |
Source
Source | The Manila Times |
URL |
More Details
Record type | Project |
Sector | Data Center, Power Generation (CCGT) |
Article published date | 2026-07-16 |
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