Brookfield in talks to acquire CleanMax Solar – EQ Mag
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Canadian investor Brookfield has entered into exclusive negotiations to invest as much as ₹3,000 crore ($363 million) to buy a controlling stake in CleanMax Solar, which provides renewable energy to commercial and industrial establishments, said two people sources in the know, speaking on the condition of anonymity.
CleanMax is a major supplier of renewable energy to the commercial and industrial (C&I) sector with 1 GW of operating renewable assets including over 600 MW of large-scale solar and wind farms for supplying clean energy to its corporate customers and over 600 installed rooftop solar projects for corporates, with a total rooftop solar operating capacity of more than 350 MW across India, UAE, and Thailand…Read More…
Source: PTI
