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Bank of America Lends ₹3.56 Billion to Distributed Solar Company Fourth Partner Energy

The $50 million loan will be the Bank’s first foray into commercial solar financing in India

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The Bank of America (BofA) has announced its plans to lend ₹3.56 billion (~$50 million) to Fourth Partner Energy, a distributed solar energy management company. The amount is a local currency revolving credit facility.

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