Fourth Partner Energy has secured Rs 7.80 billion in refinancing from NIIF Infrastructure Finance Limited (NIIF-IFL) for a significant portion of its rooftop solar portfolio.
The refinancing solution is structured as a consolidated transaction with a single lender and was designed to address the volume and diversity of project sites, off-takers, and regulatory frameworks. In addition to its rooftop operations, Fourth Partner Energy has commissioned over 1.2 GW of open access projects and is developing more than 800 MW of wind-solar hybrid capacity, with a long-term target of 9 GW by 2031.