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UK firm drops out of Fourth Partner race as IFC consortium moves ahead

A UK-based investment firm, which manages a $1.5 billion climate fund, has backed out of a proposed multi-million-dollar deal to invest in Indian renewable energy ..

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Editor's take: The week that was — April 15-20

Here are the most significant private equity, venture capital and startup developments from the week that went by.

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IFC-ADB, just climate in race to buy fourth partner energy

Fourth Partner focuses on building and financing renewable energy projects for commercial and industrial entities. It has an installed portfolio of 1.35 GW and is targeting to expand that to 3.5 GW by 2025. In fiscal 2022, it posted revenue of ₹1,018 crore, up from ₹459 crore the previous year, as per latest available financial numbers.

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Endowed with ample sunlight, Jhansi emerging as solar energy hub

Jhansi, according to government studies, receives second highest radiation in the country after Rajasthan

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Lawhorn: Empowered to give big

Philanthropy comes in all shapes and sizes. Big philanthropy that tends to make headlines is larger than life and is often attached to names like Jeff Bezos and Bill Gates;

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