Hero Group raises Rs300 crore for wind power

The company has raised `300 crore through certified climate bonds to expand its wind portfolio

New Delhi: Hero Future Energies (HFE), the renewable energy arm of the Hero Group, said on Thursday it has raised 300 crore through certified climate bonds to expand its wind portfolio.

Climate bonds are green bonds that require mandatory independent third party verification to provide additional assurance to investors about the climate benefit of their investments, the company stated.

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