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CCI receives combination notice under green channel scheme, relating to acquisition of equity stake in Hero Future Energies Global Ltd and non-voting compulsorily convertible preference shareholding in Hero Future Energies Private Ltd. by Abu Dhabi Future Energy Company P.J.S.C. – Masdar, on 28th October, 2019.

The notification relates to the acquisition of certain stake through equity in Hero Future Energies Global Ltd (“HFE UK”) and non-voting compulsorily convertible preference shares in Hero Future Energies Private Ltd. (“HFE India”) by Abu Dhabi Future Energy Company P.J.S.C.-Masdar (“Acquirer”). The Acquirer, an entity incorporated in Abu Dhabi, is an international renewable energy and […]

Solis Seminar【Episode 51】: Pay attention to these common O&M problems with inverters in the winter time

Hero Future’s stake buy by Abu Dhabi Future Energy gets CCI nod under green channel

New Delhi: The Competition Commission of India (CCI) has given nod under the green channel route to Abu Dhabi Future Energy Company for acquiring equity stake in Hero Future Energies Global Ltd. Besides, the transaction also involves acquisition of non-voting compulsorily convertible preference shares in Hero Future Energies Private Ltd. ‘The proposed combination in terms […]

Solis Seminar【Episode 51】: Pay attention to these common O&M problems with inverters in the winter time