Fourth Partner Energy acquires 8.9 MW solar portfolio from Statkraft India

Hyderabad-based Fourth Partner Energy has acquired an 8.9 MW distributed solar portfolio from Bengaluru-based Statkraft India, marking its first acquisition this fiscal. The deal is in line with the firm's capacity expansion plans, post-securing a USD 125 million from Norfund and TPG's The Rise Fund earlier this month.