Plug Power has launched a new leasing platform for its hydrogen equipment assets with a strategic goal of targeting $150m in mid-term returns. The company has already engaged in three sale and leaseback deals worth $44m with GTL leasing to support gaseous and cryogenic hydrogen storage and transportation assets. These deals are aimed at providing a stable revenue stream and contributing to sustainability goals, as endorsed by GTL CEO Michael Koonce. The platform, endorsed by Plug Power CFO Paul Middleton, aims to improve operational efficiency and resource management while addressing the company's financial and operational goals. Despite recent financial struggles and net losses, Plug Power sees the leasing platform as a means to support its strategic initiatives and operational capabilities. Plug Power CEO Andy Marsh has expressed optimism about the future, highlighting the company's vision to build green hydrogen production facilities across the US. The recent $1.66bn US Department of Energy loan guarantee secured by Plug Power is seen as a significant step towards realizing this vision and overcoming past financial challenges. In summary, Plug Power's new leasing platform signifies a strategic move to drive financial returns, enhance sustainability efforts, and support growth in the green hydrogen sector amid challenges and past setbacks.