Macquarie nears buyout of India solar firm Fourth Partner Energy
What's the deal? Australia's Macquarie GroupDealroom has a profile for this one. Try Dealroom → is in advanced talks to acquire Fourth Partner Energy, an Indian renewable energy company. The deal value has not been disclosed.
What does the target do? Fourth Partner Energy develops solar and renewable energy projects for commercial and industrial customers across India.
Why Macquarie? The Australian financial group is one of the world's largest infrastructure investors, with a growing focus on clean energy assets. Buying Fourth Partner would deepen its footprint in India's fast-expanding renewables market.
The signal: Global investors are racing to secure stakes in India's clean energy sector as the country scales up solar capacity. A Macquarie buyout would mark another sign that institutional capital sees distributed solar as a core infrastructure bet.
Read more: energy.economictimes.indiatimes.com
