Seeking Alpha

Ballard Power +11.5% premarket on China fuel cell bus deal

  • Ballard Power (BLDP) +11.5% premarket after announcing multi-year agreements to support Azure Hydrogen's partnerships with Chinese bus manufacturers in a phased development program for deployment of zero emission fuel cell buses in China utilizing BLDP's fuel cell technology.
  • The expected value of the contract to BLDP over the initial 12 months of the first phase is ~$11M.
Comments (1)
  • don55
    , contributor
    Comments (115) | Send Message
     
    time to get this party started
    26 Sep 2013, 10:05 PM Reply Like
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