Market Overview

FuelCell Energy Buys Remaining Interest in Versa Power Systems

Related FCEL
Plug Power's Dismal Earnings Drag Down Fuel Cell Sector
Plug Power Inc Up On 'Announcement' From New York Gov. Andrew Cuomo
Making Money With Charles Payne: 10/08/14 (Fox Business)

FuelCell Energy, Inc. (Nasdaq: FCEL) a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, today announced that it has acquired the remaining shares of Versa Power Systems, Inc. (Versa). Versa is a leading solid oxide fuel cell developer with research facilities in Littleton, Colorado, USA and Calgary, Canada. The addition of solid oxide fuel cell technology strengthens the global leadership position of FuelCell Energy. Prior to this action, FuelCell Energy, Inc. owned approximately 39 percent of Versa. 

Posted-In: News M&A


Related Articles (FCEL)

Around the Web, We're Loving...

Get Benzinga's Newsletters