Ballard Power Systems Inc (BLDP)

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NEWS Tuesday 5 February 2019 Ballard Signs Framework Agreements, Receives Orders for BUP Fuel Cell Systems in Europe

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Ballard Power Systems, Inc. (NASDAQ:BLDP)
Intraday Stock Chart
Today : Tuesday 5 February 2019

VANCOUVER and HOBRO, DENMARK, Feb. 5, 2019 /CNW/ - Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that the Company's European subsidiary – Ballard Power Systems Europe A/S – has signed Framework Agreements for the provision of FCgen®-H2PM direct hydrogen backup power systems with Eniig (www.eniig.dk) and Fibia A/S (www.fibia.dk), operators of fiber optic broadband networks in Denmark. Ballard also received initial orders for a total of 30 FCgen®-H2PM 5-kilowatt (kW) systems, including installation, hydrogen storage and power management equipment, having a total value of approximately $1.2 million under these Framework Agreements. This includes 20 systems for Eniig and 10 systems for Fibia.