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TPG Weighing Majority Stake Sale in India’s Fourth Partner Energy, Sources Say

  • Deal could value Fourth Partner Energy around $600 million
  • US buyout firm first invested in Fourth Partner in 2018

TPG Inc. is considering the sale of a 52% stake in Indian renewable energy company Fourth Partner Energy, according to people familiar with the development.

The private equity firm is working with an adviser on the deal, said the people, who asked not to be identified as the information is private. A stake sale could value Fourth Partner at around $600 million, the people said.