KKR invests in Hero Future Energies in USD450 million transaction

KKR and Hero Future Energies (HFE) have announced the signing of definitive agreements under which KKR and the Hero Group will invest USD450 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 as solar, wind, battery storage, and green hydrogen, and into new markets over time. Through its range of solutions, HFE will also look to support companies in their efforts to decarbonise and transition towards sustainable energy sources to achieve their net zero emission goals. KKR makes its investment from its Asia Pacific Infrastructure Fund.