Syngene International to acquire stake in O2 Renewable Energy II

A special purpose vehicle (SPV) formed by O2 Energy SG Pte Ltd, for generation and supply of renewable power

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New Delhi: Syngene International has entered into an agreement for the purpose of acquisition of renewable power by acquiring equity stake up to 26% in O2 Renewable Energy II Private Limited, a special purpose vehicle (SPV) formed by O2 Energy SG Pte Ltd, for generation and supply of renewable power.
Syngene International is an integrated research, development and manufacturing services company serving the global pharmaceutical, biotechnology, nutrition, animal health, consumer goods and specialty chemical sectors. Syngene’s more than 5,200 scientists offer both skills and the capacity to deliver great science, robust data management and IP security and quality manufacturing at speed to improve time-to-market and lower the cost of innovation.
With a combination of dedicated research facilities for Amgen, Baxter and Bristol-Myers Squibb as well as two million square feet of specialist discovery, development and manufacturing facilities, Syngene works with biotech companies pursuing leading-edge science as well as multinationals, including GSK, Zoetis, and Merck KGaA.