---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-082854"
form_type: "8-K"
ticker: "PLUG"
cik: "0001093691"
company_name: "PLUG POWER INC"
filed_at: "2026-07-13T11:15:41+00:00"
generated_at: "2026-07-13T11:20:15.599753+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Plug Power sells Texas project for up to $76.5M, amends NY Gateway sale for $142M, expects $80M near-term liquidity

## Summary
- Texas project sale to Stream: $50M at closing plus up to $26.5M earnout based on 164 MW load capacity; closing expected July 31, 2026.
- NY Gateway amendment: purchase price fixed at $142M; $6.5M escrow released to Plug; $10M new deposit; long-stop extended to March 31, 2027.
- Preliminary unrestricted cash $162M as of June 30, 2026; combined transactions expected to deliver >$80M near-term incremental liquidity.
- Total strategic infrastructure optimization initiative targets >$275M liquidity improvement from asset sales, restricted cash releases, and cost reductions.
- Stream and Plug exploring additional opportunities for Plug products in data center industry.

## SEC filing metadata
- accession: 0001104659-26-082854
- form_type: 8-K
- ticker: PLUG
- cik: 0001093691
- company_name: PLUG POWER INC
- filed_at: 2026-07-13T11:15:41+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1093691/000110465926082854/0001104659-26-082854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093691/000110465926082854/tm2620282d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-082854
- JSON: https://secwatch.observer/filing/0001104659-26-082854.json
- Plain text: https://secwatch.observer/filing/0001104659-26-082854.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.