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IFC, ADB, and DEG Invest USD 275 Million in Fourth Partner Energy After CCI Approval

The Competition Commission of India (CCI) has granted approval for the acquisition of a stake in Fourth Partner Energy Pvt. Ltd. by three prominent international financial institutions: International Finance Corporation (IFC), Asian Development Bank (ADB), and Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG). The combined investment in this transaction totals approximately USD 275 million (Rs 2,296.25 crore).

The approved deal involves the acquisition of a percentage of Fourth Partner Energy's share capital by these institutions through both primary subscription and secondary purchase of shares.

1. IFC: Part of the World Bank Group, focuses on fostering economic growth in developing countries through private sector development, investment financing, and advisory services.



2. ADB: Provides loans, technical assistance, grants, and equity investments across Asia and the Pacific.



3. DEG: A member of KfW Bankengruppe, supports private sector development in emerging markets with a focus on financing and advisory services that promote positive climate and development impacts.

Fourth Partner Energy is a leader in integrated renewable energy solutions, specializing in the installation, ownership, and operation of solar and wind power plants.

The company caters primarily to commercial and industrial consumers, providing services such as engineering, procurement, and construction (EPC) and operations and maintenance (O&M), with a strong focus on captive clients.