April 28 (Reuters) - Hydrogenics Corp HYG.TO :
* Hydrogenics announces US$21 million private placement
* Hydrogenics Corp - entered into a subscription agreement with Fuzhou bonded zone Hejili equity investment limited partnership
* Hydrogenics Corp- following completion of private placement, Hejili's interest in hydrogenics will be approximately 17.6%
* Hydrogenics - co to issue 2.7 million common shares of Hydrogenics to Hejili on private placement basis, for gross proceeds to hydrogenics of us$21 million
* Hydrogenics - agreement provides, among other things, that Hejili to have pre-emptive rights, right to nominate one director to board of hydrogenics
* Hydrogenics - agreement also provides that Hejili to cooperate with co to jointly develop Chinese market for hydrogen, energy storage, fuel cell products Source text for Eikon: ID:nGNXNSURDa Further company coverage: HYG.TO