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World Bank's IFC, ADB, and DEG invest $275m in India's Fourth Partner Energy for renewable energy expansion.
World Bank's IFC, ADB, and DEG invest $275m in renewable energy firm Fourth Partner Energy (FPEL) in India.
The consortium aims to help FPEL expand renewable energy assets to 3.5GW by 2026, including a 575MW wind-solar hybrid project in Karnataka.
The investment supports affordable, clean energy solutions for commercial and industrial consumers.
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La IFC, el ADB y el DEG del Banco Mundial invierten $275 millones en el cuarto socio de la India en energía para la expansión de las energías renovables.