active

GeoPura

11855286 First deal Feb 2024

Deals

£379M

Total Capital Raised/Funded

Deal History

M&A Exit N/A 25 Jun 2026

Acquirer: Ballard Power Systems

Ballard Power Systems has acquired GeoPura, a green hydrogen producer, for £301 million.Summary of transaction details:Value: £301 millionSector: Energy & EnvironmentAdvisor: RBC Capital Markets, Ashurst LLP, Stikeman Elliott LLPKey Entities: Ballard Power Systems, GeoPuraLocation: Newcastle, UKNote: This transformative acquisition positions Ballard as a leading, fully integrated hydrogen ecosystem provider, capitalizing on the accelerating global energy transition and increasing demand for energy resilience.

£301M

VC Funding Debt 30 Sept 2024

Investor: Close Brothers Asset Finance, Siemens Financial Services, HSBC UK, BNP Paribas Leasing Solutions

£22M

VC Funding Other 23 Feb 2024

Investor: Barclays Sustainable Impact Capital, Swen Capital Partners, GM Ventures, The UK Infrastructure Bank, Siemens Energy Ventures

£56M

Funding Timeline

February 2024

VC Funding Other £56M

Barclays Sustainable Impact Capital, Swen Capital Partners, GM Ventures, The UK Infrastructure Bank, Siemens Energy Ventures

September 2024

VC Funding Debt £22M

Close Brothers Asset Finance, Siemens Financial Services, HSBC UK, BNP Paribas Leasing Solutions

June 2026

M&A Exit N/A £301M

Ballard Power Systems

Financial History

Directors & Officers

Companies House

Company Number: 11855286
Status: Active
Registered Address: C/O Hobsons, Alexandra Street, Nottingham, NG5 1AY, United Kingdom
SIC Codes: 52219
Persons with Significant Control: Mr Andrew Cunningham

ownership of shares 50 to 75 percent, voting rights 50 to 75 percent, right to appoint and remove directors