Global private investment firm TPG has invested US$70 million in India-based distributed energy management company Fourth Partner Energy. TPG has completed the investment through The Rise Fund, its global impact investment fund. Fourth Partner Energy, which focuses on developing and financing rooftop solar power projects, intends to use the new funds to grow its industrial, commercial and public-sector client base and expand its service offerings. The company, which has completed projects across India, also plans to use the funding to enter new markets in Southeast Asia, the Middle East and Africa.