Doosan Corp. forms strategic alliance with Wells Fargo for fuel cells

Doosan Corp. signed an agreement with Wells Fargo to form a strategic alliance for its fuel cell business. Wells Fargo will buy Doosan's fuel cells and lease them to power purchase agreement contractors.

“Under the agreement, Wells Fargo will buy Doosan’s fuel cells and lease them to the power purchase agreement (PPA) contractors.”pulse.mk.co.kr

• 2 sources
• pulse.mk.co.krSouth Korea’s Doosan Group to bolster power business in the U.S. - 매일경제 영문뉴스 펄스(Pulse)Jun 29, 2017
• koreaherald.comDoosan expands power biz in US - The Korea Heralda2017001Jun 29, 2017

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