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Ballard Power closes GeoPura acquisition for GBP 275 million upfront

PUBT·08/28/2026 13:31:01
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Ballard Power closes GeoPura acquisition for GBP 275 million upfront
  • Ballard Power Systems has closed its acquisition of UK-based GeoPura, adding hydrogen power units, fuel supply, and an energy-as-a-service model.
  • Upfront consideration totaled GBP 275 million: GBP 82.5 million cash, 49,584,212 newly issued Ballard shares, restricted share units for 1,084,540 shares.
  • Former GeoPura shareholders now hold about 14.1% of Ballard’s outstanding common shares on a pro forma basis.
  • Ballard may pay up to an additional GBP 27.5 million in contingent consideration tied to post-close financial targets.
  • GeoPura’s Andrew Cunningham became Ballard president; Cunningham and Lord Richard Harrington joined Ballard’s board as former GeoPura designees.


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: 202608280929PR_NEWS_EUPR__ES_SE35757) on August 28, 2026, and is solely responsible for the information contained therein.