BUZZ-Ballard Power Systems Inc: Signs $80 mln deal with Volkswagen

Wed Feb 11, 2015 8:16am EST
 
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** Fuel cell maker's shares up 32 pct at $2.23 premarket

** Signs $80 mln deal with Volkswagen Group to transfer fuel cell intellectual property

** Also extends long-term engineering services agreement signed in 2013 through March 2019

** Deal also lifts shares of peers; FuelCell Energy Inc up 7.1 pct at $1.36; Plug Power Inc up 5.9 pct at $3.24