CleanMax Looking to Raise Upto USD 250 mn

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CleanMax Enviro Energy Solu­tions’ clients are spread across sectors like auto­mot­ive, edu­ca­tion, phar­ma­ceut­ic­als, pack­aged con­sumer goods and inform­a­tion tech­no­logy. The com­pany provides power on a per-kWh basis through long-term power pur­chase agree­ments. Over 600 rooftop solar projects with a total oper­at­ing capa­city of more than 350MW has been installed across India, the United Arab Emir­ates and Thai­l­and.

It has been known that the company is in talks with investors, includ­ing pen­sion funds, to raise upto USD 200-250 mil­lion and that the company would also consider selling a major stake. The company oper­ates more than 600MW of large-scale solar and wind farms and sup­plies clean energy to cor­por­ate cus­tom­ers.


 

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