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New York Gateway Project Sale

Sector: Data Center • Location: Slingerlands, New York, United States

Source: The Manila Times

Project
Under Negotiation

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 FAQ

Project Information

4 Q
The project “New York Gateway Project Sale” is an infrastructure initiative in the Data Center sector, located in Slingerlands, New York, United States. Taiyo aggregates data on it from The Manila Times.

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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