InvestorQ : Has the Poonawala backed H2E Power entered into a clean technology deal with a European partner?
Mitali Bhutta made post

Has the Poonawala backed H2E Power entered into a clean technology deal with a European partner?

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Dawn Cherian answered.
3 months ago


H2E Power Systems is a clean energy tech company promoted by the Poona based billionaire group of Cyrus Poonawala. H2E Power Systems will be acquiring Swiss fuel cell company Hexis AG from the Viessmann Group. The deal is being executed through its German subsidiary mPower GmbH. The idea behind the acquisition is to stamp a global footprint in the clean energy space by producing zero-emission power generators in Pune. The Viessmann Group is one of the largest integrators of heating systems in Europe.