Plug Power (PLUG) Today: Q3 Results Set the Stage for a $275M Liquidity Pivot, Data‑Center Push, and Fresh Analyst Calls [Nov 11, 2025]
A day after reporting Q3 2025, Plug Power outlined moves to unlock over $275 million and shift resources toward data‑center backup power—a strategy drawing mixed but active Wall Street reaction today. Here’s everything investors need to know on Tuesday, November 11, 2025. Plug Power+1 What happened Quarterly results (reported Nov 10): Strategic update (driving today’s narrative):Plug signed a non‑binding LOI to monetize electricity rights in New York (and one other site) and explore supplying fuel‑cell backup power to a major U.S. data‑center developer. The company now expects to generate >$275M via asset monetization, release of restricted cash and lower maintenance,