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Ballard agrees to buy UK hydrogen power firm GeoPura for GBP 275 million

PUBT·06/24/2026 01:14:29
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Ballard agrees to buy UK hydrogen power firm GeoPura for GBP 275 million
  • Ballard Power Systems agreed to buy UK hydrogen power provider GeoPura for an initial GBP 275 million in cash and stock.
  • Consideration includes GBP 82.5 million cash, issuance of 50,800,000 Ballard common shares priced at USD 5.02, contingent GBP 27.5 million.
  • Total transaction value set at GBP 301.1 million, including assumed net debt, excluding contingent consideration; closing targeted in 2H 2026.
  • Deal adds GeoPura’s hydrogen production and stationary power units, shifting Ballard toward an energy-as-a-service model with recurring revenue.
  • GeoPura forecasts about GBP 38 million revenue in 2026; Ballard targets USD 25 million in annual EBITDA run-rate synergies.


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: 202606232113PR_NEWS_EUPR__ES_SE89815) on June 24, 2026, and is solely responsible for the information contained therein.