Fourth Partner Energy secures ₹780 cr refinancing for solar expansion
after close1 source ↓written by the desknot a recommendation
- refinancing deal
- ₹780 crore
Fourth Partner Energy Ltd. has finalized a ₹780 crore refinancing deal with NIIF Infrastructure Finance Limited, aimed at expanding its rooftop solar portfolio of 370 MW across 24 states. This funding will enhance its capacity to supply renewable energy to major corporates like Hindustan Unilever and Walmart.
The refinancing is significant for traders as it strengthens FPEL's position in the renewable energy sector, potentially boosting investor sentiment in sustainable infrastructure projects. ⚡
Not investment advice. For informational purposes only.