German hydrogen and methanol fuel cell firm SFC Energy has completed the acquisition of assets and customer contracts from Ballard Power Systems’ European business.
Having announced the deal in October, SFC acquired stationary hydrogen fuel cell assets ranging from 1.5-5kW in size installed at around 400 locations in Denmark, Norway, Sweden and Finland.
The acquisition also includes associated customer relationships and service contracts, as SFC aims to expand across Northern Europe.
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