IFC, ADB, DEG Consortium invests $275 million in Fourth Partner Energy.
Banking & Finance
A consortium comprising the International Finance Corporation (IFC), the Asian Development Bank (ADB), and Deutsche Investitions- und Entwicklungsgesellschaft (DEG) has invested $275 million in Fourth Partner Energy. This investment is aimed at accelerating the growth of Fourth Partner Energy, a leading player in the renewable energy sector, and supporting its expansion into new markets. The funds will be used to enhance the company's solar power infrastructure and broaden its clean energy portfolio, contributing to the global push for sustainable energy solutions.
The investment will support the development of large-scale solar projects, boosting renewable energy capacity in emerging markets.
This funding enhances Fourth Partner Energy’s capability to deliver sustainable energy solutions and achieve long-term growth.
CEO : Makhtar Diop
Headquarters: Washington, D.C., United States
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