Fourth Partner Energy raises $275 million from IFC-ADB-DEG consortium

Fourth Partner Energy Limited secured $275 million from IFC, ADB, and DEG to expand its renewable energy portfolio to 3.5 GW by 2026. The investment will support new projects in Maharashtra, Uttar Pradesh, Tamil Nadu, and Gujarat. FPEL already has 1.5 GW of green assets and plans more projects to aid India's energy transition.