Ballard Power closes GBP 275 million acquisition of GeoPura

Reuters2026/08/29 20:12

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Ballard Power Systems completed its acquisition of UK hydrogen power provider GeoPura, adding fuel supply, logistics, and an energy-as-a-service model.
Total initial consideration set at GBP 275 million, including GBP 82.5 million cash and 49,584,212 newly issued Ballard shares.
Deal also includes restricted share units to be settled within 12 months, issuing 1,084,540 additional Ballard shares.
Former GeoPura shareholders hold about 14.1% of Ballard shares outstanding on a pro forma basis.
Ballard may pay up to GBP 27.5 million in additional contingent consideration tied to post-close financial targets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ballard Power Systems Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: FR35757) on August 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ballard Power closes GBP 275 million acquisition of GeoPura

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