Hero Future Energies to receive $450 million investment from KKR and Hero Group

KKR and the Hero Group have signed definitive agreements to invest $450 million in Hero Future Energies (HFE), the renewable energy arm of the Hero Group. This investment in HFE is from KKR’s Asia Pacific Infra­structure Fund. This investment will help HFE’s future growth by expanding its renewable energy capacity and capabilities across technologies such as solar, wind, battery storage and green hydrogen, as well as into new markets.