Ballard’s GeoPura Deal Turns Private Hydrogen Losses Into Public Dilution - CleanTechnica

Ballard’s GeoPura Deal Turns Private Hydrogen Losses Into Public Dilution - CleanTechnica

Perpetual loss-making hydrogen fuel cell firm Ballard Power is paying £275 million for GeoPura, but only £82.5 million is cash. Most of the price is 50.8 million newly issued and dilutive Ballard shares, leaving GeoPura’s investors with about 14.4% of the combined company and subjecting much of their consideration to ... [continued] The post Ballard’s GeoPura Deal Turns Private Hydrogen Losses Into Public Dilution appeared first on CleanTechnica.