Macquarie in Advanced Talks to Buy 96% of Fourth Partner Energy
Macquarie is in advanced talks to acquire a 96% stake in Fourth Partner Energy by buying out investors including DEG, IFC, ADB, Norfund, TPG and British International Investment. Fourth Partner has commissioned over 3.6 GW of renewable capacity and more than 800 MW of wind-solar hybrid projects under development, with FY25 revenue rising 37% to $101.7 million; ratings expect renewable capacity to reach 57 GW by FY2028.