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Stock Market & Financial Investment News

News Breaks
January 31, 2013
17:02 EDTBLDPBallard Power sells U.S. material products division
Ballard Power Systems (BLDP) has announced the closing of an agreement to sell the company's Material Products division, located in Lowell, MA for up to $12M. Of this amount, $10.5M was paid to Ballard in cash on closing, with the remainder payable on the basis of 2013 financial results associated with the Material Products division. Substantially all the assets of the Material Products division were purchased by investment group ALY Holdings in partnership with the division's senior management, through AvCarb, a new company formed as a result of the transaction. BMO Capital Markets acted as exclusive financial advisor to Ballard throughout the divestiture process.
News For BLDP From The Last 14 Days
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August 20, 2015
07:03 EDTBLDPBallard Power assumed with a Buy at Rodman & Renshaw
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August 18, 2015
08:32 EDTBLDPUQM Technologies receives fuel cell compressor system orders from Ballard
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08:32 EDTBLDPUQM Technologies receives fuel cell compressor system orders from Ballard
UQM Technologies (UQM) announced that it has received the expected follow-on orders for fuel cell compressor modules from Ballard Power Systems (BLDP). These compressor modules are a key component in hydrogen powered fuel cell systems used worldwide in Ballard's bus applications. The UQM R410 fuel cell compressor system is designed for up to 150kW fuel cell stacks.

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