Fourth Partner Energy has raised $15 million from Zurich-based development asset manager ResponsAbility Investments AG.
This is responsibility’s third investment in Fourth Partner Energy that has been routed through its dedicated climate finance funds. The investors had earlier pumped capital in two tranches in 2016 and 2017. The funds will be used for construction of new assets across the company’s distributed solar and open access portfolios. The company currently manages 400 MW of assets.