BUZZ-Ballard Power Systems: Customer wins EU funding

Wed Jan 28, 2015 6:11pm EST
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** Fuel cell maker's U.S.-listed shares up about 8 pct at $1.66 after market

** Says its customer, Van Hool NV, won European Union funding for 21 fuel cell buses

** Ballard says it expects to get purchase orders that will lead to delivery of the fuel cell modules to Van Hool in 2015 and 2016

** Up to Wednesday's close, stock had fallen about 22 pct since the start of the year