In Short : Hyundai Motor India has partnered with Fourth Partner Energy to develop two renewable energy plants in Tamil Nadu, including a 75 MW solar and 43 MW wind power facility. This Rs. 38 crore investment supports Hyundai’s goal of 100% renewable electricity by 2025 under the RE100 initiative. The project aims to generate […]
Fourth Partner Energy Secures $275 Million Equity Investment From IFC-ADB-DEG Consortium – EQ
In Short : Fourth Partner Energy has secured a $275 million equity investment from a consortium of the International Finance Corporation (IFC), Asian Development Bank (ADB), and Deutsche Investitions- und Entwicklungsgesellschaft (DEG). This funding will support the company’s expansion and growth in renewable energy projects. In Detail : New Delhi : Global impact investors IFC, […]
Asian Development Bank (ADB) and Fourth Partner Energy Collaborate for 25 MW Solar Power Plant in Tamil Nadu – EQ
NEW DELHI : The Asian Development Bank (ADB) and Fourth Partner Energy Private Limited (Fourth Partner) signed a long-term loan of up to 1.2 billion Indian rupees (about $14.7 million) to construct and operate a 25-megawatt solar photovoltaic-based power plant to increase clean and low-cost energy supply to commercial and industrial customers. The power plant, […]
ADB, Fourth Partner Energy to Build Solar Power Plant in India, Supplying Commercial and Industrial Sector – EQ
NEW DELHI, INDIA : The Asian Development Bank (ADB) and Fourth Partner Energy Private Limited (Fourth Partner) signed a long-term loan of up to 1.2 billion Indian rupees (about $14.7 million) to construct and operate a 25-megawatt solar photovoltaic-based power plant to increase clean and low-cost energy supply to commercial and industrial customers. The power […]
FOURTH PARTNER ENERGY COMMISSIONS ITS FIRST WIND-SOLAR HYBRID PROJECT IN GUJARAT – EQ Mag
70 MW wind-solar hybrid project to help mitigate 1.5 Lk tons of CO2 emissions annually. Plant to deliver clean energy at 25-35% cheaper than grid tariffs to corporate clients in the State New Delhi/ Hyderabad : India’s leading renewable energy solutions platform, Fourth Partner Energy today announced the commissioning of its wind-solar hybrid project in […]
SENVION INDIA wins 48.6MW order from Fourth Partner Energy (4PEL) – EQ Mag Pro
Mumbai: Senvion, a leading manufacturer of wind turbines, has been awarded a 48.6 MW project to deliver its high-quality Wind Turbines to Fourth Partner Energy. Senvion turbines will be deployed across Fourth Partner’s renewable energy projects for Commercial & Industrial consumers. The project will comprise of 18 of Senvion’s State-of-the-art 2.7MW turbines. These machines will […]
Fourth Partner Energy have purchased 140MWp of Rooftop Solar projects in India from ReNew Power. This makes us one of the largest Solar companies in rooftop space
Hyderabad-based Fourth Partner Energy has acquired the onsite distributed solar generation portfolio of ReNew Power for ₹650 crore, people familiar with the deal said. The assets, totalling 140 MW, are spread over 100 pan-India projects, set up at facilities where the renewable energy produced is consumed there itself. Most of these projects are operational. A […]
Fourth Partner Energy Acquires 8.9 MW Solar Energy Portfolio From Statkraft India
This marks 4PEL’s first acquisition this fiscal – is part of Statkraft’s strategic plan to exit the distributed solar segment in India India’s leading commercial and industrial solar solutions developer Fourth Partner Energy today announced the acquisition of an 8.9 MW distributed solar portfolio from Statkraft India. This marks Fourth Partner Energy’s first acquisition this […]
Fourth Partner Energy Raises US$125 MN in Latest Round of Equity Funding From Norfund And The Rise Fund
Norfund, the Norwegian Investment Fund for developing countries, to infuse $100 Mn and existing shareholder THE RISE FUND to invest an additional $25 Mn in the current round; Funds to be utilized towards business expansion across Indian and International markets Hyderabad-based Fourth Partner Energy today announced that it had raised $125 Mn in equity funding […]
Norwegian Fund to Invest Rs 930 Crore in Fourth Partner Energy
Norfund will own about 40 per cent stake in the company after the transaction. Avendus Capital was the advisor to Norfund for the transaction. Norwegian fund Norfund is likely to invest $125 million (about Rs 930 crore) in solar solutions firm Fourth Partner Energy. Norfund will own about 40 per cent stake in the company […]
