Ballard Power Systems Inc.TSX: BLDP

Ballard Power announces acquisition of UK-based power solutions provider GeoPura

· Issued by Ballard Power Systems Inc.
Ballard Power Systems Inc. (NASDAQ: BLDP; TSX: BLDP, "Ballard", the "Company"), a global leader in hydrogen fuel cell technology, today announced that it has entered into a definitive agreement (the "Agreement") to acquire GeoPura Limited ("GeoPura"), a zero-emission hydrogen-based power solutions provider (the "Transaction"). The Transaction consists of an upfront equity purchase price of £275.0 million ("Upfront Consideration"), [...]

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