Debt Debt financing
Fourth Partner Energy raises Rs.750-Cr from Tata Capital
Hyderabad-based Fourth Partner Energy has raised INR 750-Cr in financing from Tata Capital Cleantech Finance to develop a hybrid renewable energy project in Maharashtra. The company has already received an initial disbursement of nearly INR 375-Cr.The project features a capacity of 300 megawatts-peak (MWp) of solar power, 50 MW of wind power, and a 750 megawatt-hours (MWh) Battery Energy Storage System (BESS). The project is expected to generate over 630 million units of clean electricity annually.The company operates more than 250 MW of solar assets in Maharashtra. The firm’s clients include Unilever, UltraTech, and Cognizant. As of September 2026, the firm reported an installed solar and wind portfolio of 2 gigawatts, with an additional 3 GW of projects under development across India.The firm intends to use the capital to provide more predictable clean energy to corporate consumers.
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Between Nov 2015 and Aug 2024, Fourth Partner Energy had attracted about USD 646 M from Infuse Ventures, TPG Growth, responsAbility, ADB, DEG, IFC and others.For FY25, Fourth Partner Energy had reported about INR 1,691 Cr in Operating Income and about INR 63 Cr in PAT.