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May 01,2025

Hexa Climate Acquires Fortum India’s 206 MW Renewable portfolio

Hexa Climate Solutions Pvt. Ltd, backed by I Squared Capital, acquired 100% of Fortum India Pvt. Ltd, including its 206 MW Renewable Energy portfolio, a 600 MW ready-to-build pipeline, and 40 employees. This aligns with Fortum’s strategy to exit India and refocus on the Nordics. Hexa plans to invest $500 million to scale Clean Energy and environmental platforms in emerging markets, reinforcing its 2.

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