HomeBusinessKKR, Hero to invest $450 mn in Hero Future Energies

KKR, Hero to invest $450 mn in Hero Future Energies


This funding would place HFE for continued development and assist its efforts to develop its renewable power capability and capabilities throughout applied sciences equivalent to photo voltaic, wind, battery storage, and inexperienced hydrogen, and into new markets over time, as per KKR

This funding would place HFE for continued development and assist its efforts to develop its renewable power capability and capabilities throughout applied sciences equivalent to photo voltaic, wind, battery storage, and inexperienced hydrogen, and into new markets over time, as per KKR

KKR and Hero Group stated they may make investments $450 million in Hero Future Energies (HFE) and have signed a definitive settlement to this impact. 

This funding would place HFE for continued development and assist its efforts to develop its renewable power capability and capabilities throughout applied sciences equivalent to photo voltaic, wind, battery storage, and inexperienced hydrogen, and into new markets over time, KKR stated in a press release.

By means of its vary of options, HFE will even look to assist firms of their efforts to decarbonise and transition in the direction of sustainable-energy sources to attain their web zero emission targets, it added.

HFE is an unbiased energy producer with a diversified portfolio of 1.6 GW of working photo voltaic and wind tasks.

“Past supporting HFE’s development, this spherical of funding led by KKR will assist speed up India’s power transition,” KKR stated. 



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