IFC To Invest Up To $125 Million In Hero Future Energies

New Delhi: International Finance Corp (IFC) will invest up to $125 million in Hero Future Energies, the renewable energy venture of the Hero Group. "IFC together with IFC Global Infrastructure Fund will invest up to $125 million of equity and proceeds will be used to fund the construction of solar and wind power plants (the 'Project')," IFC said. Hero Future Energies Pvt Ltd plans to commission a capacity of more than 1 GW in next ...