# 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.

- Type: Partnership
- Announced: 2017-06-28
- Where: United States
- Status: announced
- Products: fuel cells
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Doosan](https://endata.com/companies/4295.md)
- [Wells Fargo](https://endata.com/companies/840.md) (partner)

## Sources

- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/7881079), 2017-06-29: "Under the agreement, Wells Fargo will buy Doosan’s fuel cells and lease them to the power purchase agreement (PPA) contractors."
- [koreaherald.com](https://www.koreaherald.com/article/1372500), 2017-06-29: "Doosan Corp., a holding company for the group, also signed a strategic alliance with Wells Fargo to expand its fuel cell business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.