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Sandoz Group Ltd ( SDZ -0.53% ▼ ) just unveiled an announcement.
Sandoz has signed a 10-year virtual Power Purchase Agreement with Elawan Energy to develop 150 MW solar projects in Spain, covering nearly 90% of its European electricity demand. This initiative is a significant step in Sandoz’s decarbonization strategy, aligning with its commitment to sustainability and reducing its environmental footprint.
The most recent analyst rating on SDZ -0.53% ▼ stock is a Buy with a CHF50.00 price target. To see the full list of analyst forecasts on Sandoz Group Ltd stock, see the CH:SDZ Stock Forecast page.
More about Sandoz Group Ltd
Sandoz is a global leader in generic and biosimilar medicines, headquartered in Basel, Switzerland. With a history dating back to 1886, the company offers a portfolio of approximately 1,300 products addressing a range of diseases from the common cold to cancer. Sandoz employs over 20,000 people worldwide and is committed to pioneering access for patients, generating significant healthcare savings and social impact.
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