Netherlands’ SHV Energy and India’s quasi-sovereign wealth fund National Investment and Infrastructure Fund (NIIF) are separately looking to buy a stake in Hyderabad-based Fourth Partner Energy (4PEL) for about $150 million, two people aware of the development said. Fourth Partner Energy focuses on the commercial and industrial (C&I) segment and has an operational portfolio of 400MW. Also Read | India’s tricky options in the Myanmar muddle“Fourth Partner Energy is working towards aggressive growth and expansion targets in coming months. Queries emailed to SHV Energy on 23 February remained unanswered. SHV Energy is part of privately-owned SHV Holdings, one of the largest global private trading groups.

Source: Mint February 25, 2021 01:14 UTC