IFC, ADB, DEG Consortium invests $275 million in Fourth Partner Energy

Fourth Partner Energy Ltd. in Hyderabad received a $275 million investment from IFC, ADB, and DEG. With existing stakeholders Norfund and TPG Global, the company aims to expand its renewable energy projects to a 3.5 GW portfolio by 2026. TPG Global made a partial exit after the latest equity infusion.
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