GREY:PWWRF - Post Discussion
Post by
Betteryear2 on Apr 22, 2022 4:44am
Alkaline Fuel Completes Acquisition
VANCOUVER, British Columbia, April 22, 2022 (GLOBE NEWSWIRE) -- Alkaline Fuel Cell Power Corp. (NEO: PWWR) (Frankfurt: 77R, WKN: A3CTYF) ("AFCP" or the "Company"), a company engaged in the development and production of alkaline fuel cell heat and power systems for residential, industrial and commercial markets worldwide, is pleased to announce that it has completed the acquisition (the "Acquisition") of the combined heat and power (CHP) generation business (the "CHP Business") of AI Renewable 2018-I Limited Partnership, AI Renewable 2020-I Limited Partnership and 2191 Yonge Ltd. (collectively, “AI”), pursuant to the definitive agreements, previously announced on March 4, 2022.
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