Plug Power to unlock $275 million, pivot toward data center power market

Core Viewpoint - Plug Power anticipates generating over $275 million by monetizing assets, releasing restricted cash, and reducing maintenance expenses as it shifts focus to higher-return opportunities and the rapidly growing data center market [1] Group 1 - The company plans to monetize assets to enhance its financial position [1] - Plug Power aims to release restricted cash to improve liquidity [1] - The reduction of maintenance expenses is part of the strategy to increase profitability [1] Group 2 - The shift in focus towards higher-return opportunities indicates a strategic pivot in the company's operations [1] - The fast-growing data center market is identified as a key area for growth and investment [1]