Hyundai Motor India Invests ₹16.58 Crore in Wind Energy Subsidiary, Secures 26.13% Stake

Hyundai
Ramon FVelasquez, CC BY-SA 3.0, via Wikimedia Commons

Hyundai Motor India Limited (NSE: HYUNDAI, BSE: 544274) has completed the first tranche of its ₹38.05 crore investment in FPEL TN Wind Farm Private Limited, acquiring a 26.13% stake through a strategic equity infusion. This move advances Hyundai’s sustainability agenda while diversifying its renewable energy portfolio through Fourth Partner Energy collaboration.

Strategic Renewable Energy Investment Breakdown

On June 6, 2025, Hyundai Motor India invested ₹16,58,57,187.60 as the initial tranche towards acquiring 23,62,638 equity shares in FPEL TN Wind Farm Private Limited.

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This fulfills part of the Share Subscription and Shareholders’ Agreement (SSSHA) signed on November 20, 2024, with Fourth Partner Energy Private Limited. The transaction elevates Hyundai’s ownership to 26.13% in the wind energy venture, marking its first direct investment in India’s renewable infrastructure sector.

The investment aligns with Hyundai’s global carbon neutrality roadmap and complements its automotive manufacturing operations. By partnering with Fourth Partner Energy – a established renewable energy solutions provider – Hyundai gains strategic access to wind energy generation capabilities while supporting operational decarbonization efforts.

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Partnership Structure and Implementation Timeline:
The SSSHA outlines a phased investment plan totaling ₹38.05 crore, with subsequent tranches subject to project milestones. The initial capital infusion enables FPEL TN Wind Farm to accelerate development of its Tamil Nadu-based wind energy projects, leveraging Hyundai’s financial backing and Fourth Partner’s technical expertise.

Hyundai’s Gurugram-based corporate team will oversee strategic decisions through board representation, ensuring alignment with sustainability targets. The partnership structure allows Hyundai to claim renewable energy credits while maintaining focus on core automotive operations.

Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.

Also read: JSW Energy Enhances Renewable Capacity: 281 MW Commissioned, Teams Up with Adani for 250 MW
Published on: June 7, 2025 / M Vishnu

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