Hero Future Energies

Hero Future Energies Appoints Srivatsan Iyer as Global CEO

Hero Future Energies, the renewable arm of Hero Group, has announced the appointment of Srivatsan Iyer as its global Chief Executive Officer. Hero Future Energies (HFE), the renewable arm of the Hero Group, has announced the appointment of Srivatsan Iyer as its global Chief Executive Officer. Srivatsan will be taking over from industry veteran Sunil […]

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Preparing For a Renewable Future- The Business Models That Matter

If there is one thing the renewable energy sector cannot be accused of doing, it is to look back too much. The solar sector in particular has everything to look forward to, considering the strong momentum it has built up globally. The Covid-19 crisis has only sharpened those opportunities, and possibilities of even more support […]

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AIIB to Invest $65 Mn in Hero Future’s 250 MW Solar Project in Raj

Beijing-headquartered multilateral development bank, Asian Infrastructure Investment Bank (AIIB) has approved the investment of USD 65 million in Hero Future Energies’ 250 MW solar power project in Jodhpur, Rajasthan. The lender said in a statement that “as part of ongoing efforts to mobilize private capital for infrastructure, President Jin also approved a USD65-million 250-MW solar power […]

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Masdar Acquires Stake in Hero Future Energies

Entering the Indian renewable energy market, Masdar has acquired a robust minority stake in Hero Future Energies Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries. And now, entering the Indian renewable energy market, the firm has […]

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CCI Approves Abu Dhabi Future Energy Stake Buy in Hero Future Energies

CCI has given its nod under the green channel route to Masdar for acquiring an equity stake in Hero Future Energies The Competition Commission of India (CCI) has given its nod under the green channel route to Abu Dhabi Future Energy Company (Masdar) for acquiring an equity stake in Hero Future Energies Global Ltd. Besides, […]

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Hero Future Energies and IFC to Invest $243.3 Mn in Rajasthan Solar Project

The project will be supported by the World Bank’s  International Finance Corporation (IFC), which will invest around $43.3 million (Rs 300 crore). Hero Future Energies Global (HFE), the clean energy arm of the Hero Group has revealed its plans to invest close to $200 million (Rs 1404 crore) for its latest solar project in Rajasthan. The company […]

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Hero Group & Azure Power Plan To Raise $500 Million Each Through Bond Sale

Hero Group’s renewable energy arm and Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people briefed on the matter. Both the Delhi-based green power rivals are looking raise $500 million each and have appointed investment banks to underwrite […]

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