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Plug Power Power Purchase Agreements Monetization

Sector: Hydrogen • Location: Texas, New York, United States

Source: Cantech Letter

Project
Planned

Plug Power is looking to monetize its Texas and New York power purchase agreements (PPAs) and related infrastructure from earlier green hydrogen developments, which could generate more than US$275 million in cash. The company has signed a non-binding letter of intent to sell its electricity rights in New York and one other location to a U.S. data-center developer and will work with that partner to

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The project “Plug Power Power Purchase Agreements Monetization” is an infrastructure initiative in the Hydrogen sector, located in Texas, New York, United States. Taiyo aggregates data on it from Cantech Letter.

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Participants

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planned

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Description

Description

Plug Power is looking to monetize its Texas and New York power purchase agreements (PPAs) and related infrastructure from earlier green hydrogen developments, which could generate more than US$275 million in cash. The company has signed a non-binding letter of intent to sell its electricity rights in New York and one other location to a U.S. data-center developer and will work with that partner to provide auxiliary and backup power systems.

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More Details

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