Hero Future Energies, a renewable energy firm has raised USD 125 million from International Finance Corp (IFC) to expand its clean power generation capacities.

Rahul Munjal, the Chairman and Managing Director of Hero Future Energies which is a renewable energy arm of Hero Group has said that IFC is picking up equity stake in the company at an investment of USD 125 million.

However, the quantum of minority equity stake to be given to IFC has not been disclosed by him.

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