Canadian hydrogen-based e-natural gas producer Teralta has acquired Loop Energy, a fuel cell manufacturer, amid the latter's struggles highlighted by cost-cutting measures and the need for additional funds. Loop Energy's innovative fuel efficiency and technological advancements attracted Teralta, leading to the acquisition. This move allows Teralta to diversify its offerings to industries like data centers and mining. The acquisition also sees Burnaby becoming Teralta's new headquarters, emphasizing the strategic importance of Loop's location. Teralta aims to integrate Loop's fuel cell technology with its clean hydrogen production infrastructure for a comprehensive business approach. The acquisition signifies a positive step towards strengthening Teralta's presence in the hydrogen sector and expanding its market reach.