2019-11-11 / HFE
Strategic investment of US$150 million funding growth portfolio for Hero Future Energies
India, 11 November 2019 – Hero Future Energies (“HFE” or the “Company”), the leading clean-tech company, announces a US$150 million strategic investment to fund the expansion of its renewable energy portfolio, including in selected international geographies.
- US$150 million strategic investment by Abu Dhabi Future Energy Company (“Masdar”), a global leader in renewable energy projects, sustainable real estate, sustainable mobility and waste to energy
- Second strategic investment in HFE since 2017, following initial US$125 million made by International Finance Corporation (IFC), part of the World Bank