Bank of America extends line of credit to Fourth partner energy
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Hyderabad-based distributed solar company Fourth Partner Energy has recently announced that Bank of America has extended a $50 million worth line credit. The Hyderabad-based energy focused company will use the fund to grow its operations at an efficient cost in the next 18 months. With this loan, Bank of America is helping to accelerate the transition to a cleaner and sustainable power generation base in India.