New York Gateway Project Sale
Sector: Data Center • Location: Slingerlands, New York, United States
Source: Yahoo Finance Singapore
Plug Power and Stream US Data Centers, LLC have amended the purchase and sale agreement for the New York Gateway Project. The transaction has been restructured into a staged closing, with Stream making a new $10 million escrow deposit for land purchase and the long-stop closing date for non-land assets extended to March 31, 2027. The purchase price is fixed at $142 million. Plug Power retains owne
- Status
- Prospective
- Sector
- Data Center, Power Generation (CCGT)
- Location
- Slingerlands, New York, United States of America
- Updated
- 22 Jul 2026
- Source
- Yahoo Finance Singapore
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Plug Power and Stream US Data Centers, LLC have amended the purchase and sale agreement for the New York Gateway Project. The transaction has been restructured into a staged closing, with Stream making a new $10 million escrow deposit for land purchase and the long-stop closing date for non-land assets extended to March 31, 2027. The purchase price is fixed at $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 |
Budget |
Location
Country | United States of America (USA) |
State | New York |
City | Slingerlands |
Source
Source | Yahoo Finance Singapore |
URL |
More Details
Record type | Project |
Sector | Data Center, Power Generation (CCGT) |
Article published date | 2026-07-16 |
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