Plug Power Inc., a global leader in hydrogen solutions, has introduced an equipment leasing platform aimed at raising over $150 million to support its green hydrogen initiatives. The platform, established through sale and leaseback transactions with GTL Leasing, focuses on gaseous and cryogenic assets essential for transporting and storing hydrogen molecules. Plug's CFO, Paul Middleton, highlighted the strategic importance of this platform in securing capital and promoting growth in the green hydrogen sector. This move not only strengthens Plug's financial position but also aids in driving long-term expansion. The partnership offers mutual benefits, with GTL seeing strategic advantages like a stable revenue stream and portfolio diversification. Antin Infrastructure Partners, the parent company of GTL, also expressed its satisfaction with the transactions, emphasizing the support for sustainable hydrogen technologies. Plug's aim to create an end-to-end green hydrogen ecosystem involves plans for a green hydrogen highway, Gigafactory production facilities, and green hydrogen plants. This initiative aligns with the company's mission to decarbonize the economy and deliver sustainable hydrogen solutions to various industries. The involvement of Goldman Sachs & Co. LLC further underscores the significance of these transactions in advancing Plug Power's green hydrogen objectives.