news

Simpson Thacher & Bartlett has advised U.S. private equity giant KKR & Co on its $450 million joint investment with Indian motorcycle maker Hero Group in Hero’s renewable energy arm Hero Future Energies. Linklaters has acted for Hero Group.

Reuters reported that Hero Group is looking to expand its renewable energy capacity, which is currently 1.6-gigawatt solar and wind projects. The two investors aim to expand Hero Future Energy’s portfolio to include battery storage and green hydrogen, Reuters added.

The Simpson Thacher team was led by partners Ian Ho, Clare Gaskell, and Yash Rupal.

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

STB, AMT and TMI assist on $1.7 bln Blackstone Japan deal

by Nimitt Dixit |

U.S. law firm Simpson Thacher & Bartlett and Japan’s firm Anderson Mori & Tomotsune are advising global investment giant Blackstone on its $1.74 billion (275.8 billion yen) bid to take private Japanese digital comic distributor Infocom, which has hired TMI Associates to represent it.

STB guides Stonepeak on 1st Asia-dedicated infrastructure fund

U.S. law firm Simpson Thacher & Bartlett has advised New York-headquartered alternative investment firm Stonepeak on raising $3.3 billion for its Stonepeak Asia Infrastructure Fund, its first fund dedicated to Asia.

Simpson Thacher advises CVC Capital on $6.8 bln Asia fund

by Mari Iwata |

U.S. law firm Simpson Thacher & Bartlett has advised PE fund CVC Capital Partners on the establishment of its sixth Asia fund, CVC Capital Partners Asia VI, which raised $6.8 billion.