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New York Gateway Project

Sector: Hydrogen • Location: New York, USA

Source: Renewables Now

Project
Restructured

Plug Power Inc is restructuring a previously-agreed transaction with Stream US Data Centers LLC for the sale of its interest in the New York Gateway project. The amendments allow near-term sale of the land, with the long-stop closing date for non-land assets extended to March 31, 2027, to allow for environmental and regulatory reviews. The purchase price is fixed at USD 142 million. Plug retains o

Status
Prospective
Sector
Hydrogen, Power Generation (CCGT)
Location
New York, United States of America
Updated
22 Jul 2026
Source
Renewables Now

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Project Information

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The project “New York Gateway Project” is an infrastructure initiative in the Hydrogen sector, located in New York, New York, USA. Taiyo aggregates data on it from Renewables Now.

Participants

Not available for this record.

Status

Original status

restructured

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Plug Power Inc is restructuring a previously-agreed transaction with Stream US Data Centers LLC for the sale of its interest in the New York Gateway project. The amendments allow near-term sale of the land, with the long-stop closing date for non-land assets extended to March 31, 2027, to allow for environmental and regulatory reviews. The purchase price is fixed at USD 142 million. Plug retains ownership of substation and interconnection assets and a repurchase right over the land until the second closing.

Original sector

Hydrogen

Budget

Location

Country

United States of America (USA)

State

New York

City

New York

Source

Source

Renewables Now

URL

More Details

Record type

Project

Sector

Hydrogen, Power Generation (CCGT)

Article published date

2026-07-16

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