CDC Group investing ₹250 cr. in solar firm Fourth Partner Energy
The Hindu
U.K.’s development finance institution CDC Group is investing ₹250 crore in solar energy firm Fourth Partner Energy.The capital will be in the form of non-convertible debentures. The mezzanine capital
U.K.’s development finance institution CDC Group is investing ₹250 crore in solar energy firm Fourth Partner Energy. The capital will be in the form of non-convertible debentures. The mezzanine capital will be deployed in growing its renewable-solutions platform across India and South Asia, a statement from Fourth Partner Energy said. Managing Director and Head of Asia at CDC Srini Nagarajan said “we have been building scale in the renewable power sector and this investment into Fourth Partner Energy, on the distributed solar side of the sector, is a strategic investment that further enhances India’s renewable power capacity.”
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