Global investment firm KKR and Hero Future Energies (HFE), the renewable energy arm of the Hero Group, announced the signing of definitive agreements under which KKR and the Hero Group will invest $450 million in the Company. This investment will position HFE for continued growth and support its efforts to expand its renewable energy capacity and capabilities across technologies such…
Hero Future Energies has issued its first dollar-denominated bonds through its’ wholly owned subsidiary – Clean Renewable Power (Mauritius) Private Ltd. “HFE’s green bond received orders of over $3 billion and was successfully priced at a coupon rate of 4.25 per cent for a six-year maturity period. The issuance was oversubscribed more than 8.5 times,”…
Hero Future Energies [HFE], Renewable arm of the Hero Group, has announced the appointment of Srivatsan Iyer as the global Chief Executive Officer. Srivatsan will succeed Sunil Jain, who will be handing over complete charge within this month, the statement said. Commenting on the appointment, Rahul Munjal, Chairman and Managing Director, Hero Future Energies, said:…