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AIIB approves US$65 million for Hero Future’s 250 MW solar project

By : Sustainability ..., Dec 24, 2019

After a US$75 million loan to Tata Cleantech Capital, the Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) has agreed to invest US$65 million in a 250 MW grid-connected solar power project by another Indian developer Hero Future Energies. The project—located...

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Hero Future files petition against Andhra discoms

By : Sustainability ..., Nov 14, 2019

In the continuing face-off between the Andhra Pradesh government and renewable energy developers, Hero Future Energies has filed a contempt petition with the Andhra Pradesh electricity power regulator for recovery of dues from the state’s discoms, which have not been paid...

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Masdar invests $150 million in Hero Future Energies

By : Sustainability ..., Nov 13, 2019

Hero Future Energies (HFE) today announced Abu Dhabi Future Energy Company or Masdar will invest $150 million strategic investment in the company that will help fund the expansion of its renewable energy portfolio, including in selected international geographies. This is the...

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Hero Future's stake buy by Abu Dhabi Future Energy gets CCI nod

By : Sustainability ..., Oct 31, 2019

The Competition Commission of India (CCI) has given nod under the green channel route to Abu Dhabi Future Energy Company for acquiring equity stake in Hero Future Energies Global Ltd. Besides, the transaction involves acquisition of non-voting compulsorily convertible...

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Hero Future Energies reorganises business to make overseas foray

By : Sustainability ..., Sep 30, 2019

Hero Future Energies has reorganised its business to expand its portfolio abroad and access cheaper funding. Hero Future Energies (HFE) Global, registered in London since 2016, will control the India business through a Singapore entity and spearhead the global plans. The...

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Hero Future in talks to buy Fotowatio’s solar project in India

By : Sustainability ..., Jan 18, 2019

Hero Future Energies Pvt. Ltd is in talks to acquire Fotowatio Renewable Ventures’s 135 megawatt (MW) solar power project in India, two people aware of the development said. Owned by Abdul Latif...

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Edelweiss, Hero Future Energies eye Atha Group’s solar assets

By : sustainabilityo..., Mar 21, 2018

Edelweiss Group and Hero Future Energies are scouting for solar assets close to 190 mw project capacity of Kolkata-based Atha Group, sources closely associated with the developments said. ...

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Hero Group set to buy wind energy assets of LNJ Bhilwara Group

By : sustainabilityo..., Oct 23, 2017

The Hero Group is close to acquiring almost the entire wind energy portfolio of the LNJ Bhilwara Group, helping the buyer emerge as one of the biggest players in the rapidly growing sector that...

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Hero Future Energies eyeing dollar bonds to raise $400-500 million

By : sustainabilityo..., Oct 12, 2017

Hero Future Energies, a Delhi-based renewable energy firm, is in talks with investment bankers to explore the possibilities of tapping the dollar bond market to raise funds, sources aware of the...

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IFC invests $125 million in Hero Future Energies

By : sustainabilityo..., Jan 6, 2017

IFC, a member of the World Bank Group, has picked up equity stake in Hero Future Energies, the renewable energy arm of the Hero Group. 


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