H2-View News: Plug Power to raise $275m through asset sales and cost cuts
Administrator2025-11-10T14:27:53+00:00This includes a new partnership with a major US data centre development, for which Plug plans to provide hydrogen fuel cell systems for power or back-up supply under a non-binding letter of intent. By selling certain electricity rights, releasing restricted cash, and reducing ongoing maintenance expenses, Plug could improve liquidity and generate greater flexibility. Electricity [...]

