News
12 November 2019

Masdar buys 20% stake in Hero Future Energies

In:
Renewables
Region:
Asia-Pacific

UAE sovereign wealth fund Mubadala Investment Co's Masdar has acquired a 20% interest in Indian renewable firm Hero Future Energies (HFE) for $150 million. The strategic investment will help facilitate the further expansion of HFE. The company plans to build a 5GW portfolio by 2022 and...

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