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Hero Future Energies

Indian developer plans 50 MW solar plant in Bangladesh

Hero Future Energies wants to make India’s first contribution to grid scale solar in its northeastern neighbor. Plans for a 100 MW plant have been stymied by the power evacuation equipment available at the Khulna site.

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Abu Dhabi’s Masdar vies for stake in Indian developer Hero Future

State-owned Masdar Clean Energy is in talks to acquire a 30-35% stake in Hero Future Energies. With the stake sale, the renewable energy arm of Hero Group expects to raise $300-350 million for its expansion into global markets, according to reports.

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IFC invests $125 million in India’s Hero Future Energies

IFC is picking up an equity stake in Hero Group’s renewable energy division, which it says will enable it to build 1 GW of solar and wind plants in India.

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