Plug Power Payment Overdue Under Cost Benefit Agreement
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Description
Plug Power has an outstanding Cost Benefit Agreement payment of $900,000, now overdue, with additional late fees recorded as income for GGLDC. Receivable total is $1.6 million at year-end 2025.
Contract Details
Contract Amount
$900,000 plus late fees
Vendor
PLUG POWER
Agency
Genesee County, NY
Contract Type
OTHER
Document Date
February 5, 2026
Renewal Info
Payments due per schedule; currently overdue; continues through agreement’s duration.
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Genesee Gateway Local Development Corporation Minutes GGLDC Board Meeting 2026-05-07
Genesee Gateway Local Development Corporation Minutes GGLDC Board Meeting 2026-05-07
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