TAG: "Fourth Partner Energy"

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Hyundai Motor India to Procure 118 MW RE Power from Fourth Partner Energy

Hyundai Motor India Ltd. has signed two 25-year power purchase agreements with Fourth Partner Energy to procure 75 MW of solar and 42.9 MW of wind power from the latter’s solar and wind projects in Tamil Nadu under a group captive model.

Fourth Partner Energy | November 21, 2024 | By Mrinmoy Dey | 724

Fourth Partner Energy Bags USD 275 Million Equity Investment from IFC-ADB-DEG Consortium

The investment by the IFC-ADB-DEG consortium will infuse capital to fund FPEL's business expansion plans which include a target portfolio of 3.5 GW of renewable energy assets by 2026.

Fourth Partner Energy | August 07, 2024 | By News Bureau | 1384

Petronas, Vitol, and Sun Energy in Talks to Acquire Fourth Partner Energy

The majority stake sale is likely to value the company’s equity base at around USD 450-500 million. TPG, which owns close to 50 percent stake in the business, is looking to completely exit the company through this transaction.

Fourth Partner Energy | October 19, 2023 | By News Bureau | 2039

ADB to Provide Loan to Fourth Partner Worth INR 1.2 Billion for Solar Power Plant in India

The power plant, located in Tirunelveli district in the state of Tamil Nadu in India, is expected to generate about 50.7 GWh of electricity annually and will directly sell power to commercial and industrial users.

Fourth Partner Energy | August 28, 2023 | By EI News Network | 1441

Norfund Invests in Fourth Partner Energy Worth INR 350 Crore for Growth of RE Solutions in India

This highlights Norfund’s second round of equity investment in 4PEL, ensuing its earlier deal of USD 100 million in June 2021.

Fourth Partner Energy | August 14, 2023 | By EI News Network | 1662

Fourth Partner Energy Starts Off its First Wind-Solar Hybrid Project in Gujarat

The developer stated the 70 MW hybrid project will deliver clean energy at 25-35 percent cheaper rates than grid tariffs to corporate customers in New Delhi and Hyderabad.

Fourth Partner Energy | July 17, 2023 | By EI News Network | 1718

Best Agrolife Enters into PPA with Fourth Partner Energy to Procure 3 MW Solar Power

Best Agrolife anticipates annual savings of 33 percent per unit on electricity costs while achieving a reduction of over 4 thousand tonnes in carbon emissions. The company will procure this solar energy from 15 MW solar park in Shahjahanpur.

Fourth Partner Energy | July 12, 2023 | By Anurima Mondal | 1798

Hinduja Renewables Invites to Acquire Fourth Partner Energy's Majority Stake

Hinduja Renewables is the part of the Hinduja Group's green energy division has invited the tender for the Fourth Partner Energy's majority stake.

Fourth Partner Energy | February 04, 2023 | By News Bureau | 2655

CDC Group to Invest Rs 250 Cr into Fourth Partner Energy

UK-based CDC Group is planning to invest Rs 250 crore into Fourth Partner Energy, India’s solar energy developer for commercial and industrial (C&I) businesses.

Fourth Partner Energy | April 30, 2021 | By Manu Tayal | 2059