--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/42618641.md" description: "๐Ÿ“ข ๐‰๐”๐’๐“ ๐ˆ๐: $Plug Power(PLUG.US) Plug Power Announces Asset Deals to Boost Liquidity by Over $80 Million๐Ÿ‘‰ ๐Š๐ž๐ฒ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โžค ๐๐ฅ๐ฎ๐  ๐๐จ๐ฐ๐ž๐ซ to sell ๐†๐ซ๐š๐ก๐š๐ฆ, ๐“๐ž๐ฑ๐š๐ฌ project for up to ๐’๐Ÿ•๐Ÿ”.๐Ÿ“ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง.โžค Initial ๐’๐Ÿ“๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง payment expected at closing around ๐‰๐ฎ๐ฅ๐ฒ ๐Ÿ‘๐Ÿ, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”.โžค Up to ๐’๐Ÿ๐Ÿ”.๐Ÿ“ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง depends on final Texas interconnection capacity.โžค Texas transaction expected to release approximately ๐’๐Ÿ๐Ÿ’ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง in cash collateral.โžค New York Gateway purchase price remains fixed at ๐’๐Ÿ๐Ÿ’๐Ÿ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง.โžค Stream will release ๐’๐Ÿ”.๐Ÿ“ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง escrow and deposit a new ๐’๐Ÿ๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง escrow.โžค Plug expects more than ๐’๐Ÿ–๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง in near-term incremental liquidity.โžค Company targets more than ๐’๐Ÿ๐Ÿ•๐Ÿ“ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง in total liquidity improvement.โžค Plug held approximately ๐’๐Ÿ๐Ÿ”๐Ÿ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง in unrestricted cash as of June 30, 2026.โžค Plug and Stream are exploring ๐๐š๐ญ๐š ๐œ๐ž๐ง๐ญ๐ž๐ซ collaboration opportunities.๐Ÿ‘‰ ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ ๐’๐ญ๐š๐ญ๐ž๐ฆ๐ž๐ง๐ญ:๐‰๐จ๐ฌ๐ž ๐‹๐ฎ๐ข๐ฌ ๐‚๐ซ๐ž๐ฌ๐ฉ๐จ, Chief Executive Officer and President of Plug Power:"Monetizing these assets was a key part of our strategy this year. We look forward to sharing our results for the second quarter shortly and believe that we are on track with our financial goals for 2026."" datetime: "2026-07-13T11:05:54.000Z" locales: - [en](https://longbridge.com/en/topics/42618641.md) - [zh-CN](https://longbridge.com/zh-CN/topics/42618641.md) - [zh-HK](https://longbridge.com/zh-HK/topics/42618641.md) author: "[Hardik Shah](https://longbridge.com/en/profiles/27423834.md)" --- # ๐Ÿ“ข ๐‰๐”๐’๐“ ๐ˆ๐: $Plug Power(PLUG.US) Plug Power โ€ฆ ### Related Stocks - [PLUG.US](https://longbridge.com/en/quote/PLUG.US.md)