Nanofilm Technologies confirms S$140 mil JV with Temasek to capture growing hydrogen economy
20 Jul 2021, 02:29 am
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SINGAPORE (July 19): Nanofilm Technologies International has signed a definitive agreement with Temasek to form a joint venture, Sydrogen Energy, to create products to be used in the growing hydrogen economy.

Under terms of the JV, Nanofilm will take a 65% stake in the company, with Temasek holding the remainder.

The total initial investment in Sydrogen is around S$140 million, of which Nanofilm will chip in S$21 million, as well as the transfer of its hydrogen energy business and...(click on link for full story on theedgesingapore.com)

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