Sumitomo Corp to buy 49% stake in Hero Future Energies project SPV
Sumitomo Corporation will acquire a 49% stake in a special purpose vehicle (SPV) of Hero Future Energies (HFE). The SPV is developing an approximately 500 MWp wind and solar power project with large-scale battery storage in Karnataka.
Sumitomo Corporation will acquire a 49 per cent stake in a special purpose vehicle of Hero Future Energies (HFE) that is developing an approximately 500 MWp wind and solar power project with large-scale battery storage in Karnataka.