Plug Power to Generate Over $275 Million Through Monetization of Electricity Rights and Operational Efficiencies; Supports Major U.S. Data Center Build-Out

https://finance.yahoo.com/news/plug-power-generate-over-275-120000195.html

Watch out! PLUG is about to 🚀🤌🥳 Earnings later today!

Plug has signed a non-binding Letter of Intent to monetize its electricity rights in New York and one other location and collaborate with a U.S. data center developer. The project developer is actively expanding its data center platforms across the country, and Plug will work with them to explore providing auxiliary and back-up power solutions utilizing Plug’s advanced fuel cell technology.