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Sumitomo Corp picks up 49% stake in Hero group unit

1 source · first seen 16:37 5 Oct · updated 16:37 5 Oct

The brief

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Sumitomo Corporation acquired a 49% stake in a Hero Future Energies project vehicle
The vehicle will develop a 500 MW wind-solar-battery project in Karnataka
The project adds funding and capacity to India’s renewable-energy sector

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Sumitomo Corp picks up 49% stake in Hero group unit
14:193 sources
Japan-based Sumitomo Corporation to pick 49% stake in HFE project SPV

1 report · earliest 16:37