Khaitan & Co advises Sumitomo Corp on acquiring 49% stake in Hero Group's Clean Solar Power

M&A / JV 4 Nov 2026 · Completed· ◔ Reported

Sumitomo Corporation has acquired a 49% equity shareholding in Clean Solar Power (Baniyana) Private Limited, a subsidiary of HSEPL, which forms part of Hero Future Energies, the renewable energy business arm of the Hero Group. Khaitan & Co advised Sumitomo Corporation on this acquisition. The Firm was involved in negotiating, drafting, and reviewing transaction documents; conducting legal due diligence on the Target Company and the Project; and assisting with the execution of transaction documents. The transaction team consisted of Zakir Merchant (Partner), Shivanshu Thaplyal (Partner), Vidur Sinha (Partner), Priyal Modi (Principal Associate), Tanuj Modi (Senior Associate) and Apeksha…

CounselKhaitan & Co
SectorEnergy & Renewables

Sources

Open in the live tracker →

Related deals