Loading...
Loading...
plug-power-targets-150m-gains-with-new-hydrogen-equipment-leasing-platform
© Plug Power
plug-power-targets-150m-gains-with-new-hydrogen-equipment-leasing-platform
© Plug Power

Plug Power targets $150m gains with new hydrogen equipment leasing platform

Plug Power is targeting $150m mid-term returns from a newly-launched leasing platform for its hydrogen equipment assets.

Having already signed three separate sale and leaseback deals amounting to $44m with GTL leasing for gaseous and cryogenic hydrogen storage and transportation assets, Plug plans to reinvest funds generated through to platform into its core business.

GTL CEO, Michael Koonce, said the initial deals would support the company’s sustainability goals while also providing a “stable revenue stream.”

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...