The investment will support Hero Future Energies in expanding its renewable energy capacity. The Indian independent power producer has a diversified portfolio of 1.6 GW of operating solar and wind projects.
From pv magazine India
“This investment will position HFE for continued growth and support its efforts to expand its renewable energy capacity and capabilities across technologies such as solar, wind, battery storage, and green hydrogen, and into new markets over time,” stated the two companies in a joint statement.
Founded in 2012, Hero Future Energies is an independent power producer with a diversified portfolio of 1.6 GW of operating solar and wind projects.
“KKR’s investment will drive Hero Future Energies’ growth in the rapidly growing renewable energy markets domestically and globally, as well as in new technologies such as battery storage, solar-wind hybrid projects, round-the-clock power, and green hydrogen, among others,” said Hero Future Energies CEO, Srivatsan Iyer.
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