In Short : IPO-bound CleanMax has announced plans to invest ₹1,200 crore in developing a 200 MW solar park in Andhra Pradesh. The large-scale renewable energy project will strengthen its clean energy portfolio, support corporate power procurement, and accelerate regional green capacity expansion. The investment signals strong growth ambitions as the company prepares for its […]
CleanMax Secures ₹921 Crore from Anchor Investors Ahead of ₹3,100 Crore IPO – EQ
In Short : CleanMax Enviro Energy Solutions has raised ₹921 crore from anchor investors ahead of its ₹3,100 crore initial public offering (IPO). The strong anchor participation reflects investor confidence in the company’s renewable energy portfolio, corporate PPA model, and long-term growth strategy as India accelerates its clean energy transition. In Detail : CleanMax Enviro […]
CEAT Partners with CleanMax for Multi-State ~59 MW Hybrid Wind-Solar Projects Across its Key Manufacturing Hubs – EQ
Highlights • The ~59 MW hybrid capacity across Gujarat and Tamil Nadu is aimed at providing renewable energy to CEAT’s Halol facility in Gujarat and Kanchipuram facility in Tamil Nadu under a group captive model • The projects are expected to generate ~13.58 crore units of renewable electricity annually, taking CEAT’s clean power content to […]
CleanMax Seeks ₹5,200 Crore via IPO to Accelerate Renewable Energy Growth – EQ
In Short : CleanMax has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹5,200 crore IPO. The issue will comprise both fresh equity shares and an offer for sale. Funds raised will support debt repayment, capacity expansion, and strengthening its renewable energy portfolio. The IPO highlights CleanMax’s ambition to accelerate its leadership […]
CleanMax Secures ₹400 Crore in Pre-IPO Boost to Power Green Energy Expansion – EQ
In Short : Promoters of CleanMax, a leading renewable energy solutions provider, have raised ₹400 crore in a pre-IPO funding round. The capital infusion will support the company’s growth plans, debt reduction, and expansion of its clean energy portfolio. This strategic move strengthens CleanMax’s position ahead of its anticipated initial public offering (IPO). In Detail […]
CleanMax and Toyota Tsusho India to jointly cater to the clean energy requirements of Japanese corporates in India – EQ
CleanMax and Toyota Tsusho Indiahave formeda partnership todrive sustainable green energy transition and accelerate renewable energy development across India Mumbai – CleanMax, a Brookfield-backed company and one of the leading Indian renewable energy and net-zero solution providers for the Commercial and Industrial (C&I) sector, and Toyota Tsusho India Private Limited (TTIPL) have announced a long-term […]
CleanMax receives Cisco Environmental Sustainability Award for 92 MW renewable energy plant; commissioned in Karnataka – EQ
Bengaluru, India — CleanMax, a Brookfield-backed company and one of the leading Indian renewable energy and net-zero solution providers for the Commercial and Industrial (C&I) sector, has been recognised with the Excellence in Sustainability Award at Cisco’s Global Supplier Day in San Jose, California for its impactful contributions in reducing greenhouse gas (GHG) emissions, including […]
CleanMax and Osaka Gas Group enter a joint venture to accelerate India’s green energy transition – EQ
From Right Kuldeep Jain (Managing Director_CleanMax), Takeshi Shinohara (Managing Director_Osaka Gas India) Mumbai – With a shared commitment to sustainability, CleanMax, one of Asia’s leading renewable energy providers in the Commercial and Industrial (C&I) sector and a Brookfield-backed company, announced a long-term strategic joint venture with Osaka Gas Co. Ltd., a prominent Japanese gas major. […]
CleanMax Secures $27 Million for UAE Solar Projects – EQ
In Short : CleanMax has secured $27 million to expand its solar energy projects in the UAE, supporting the nation’s renewable energy goals. The funds will boost rooftop and open-access solar initiatives, aligning with the UAE’s net-zero 2050 vision. This investment highlights rising interest in clean energy solutions across the MENA region, driven by abundant […]
APM Terminals Pipavav signs 25-yr pact with CleanMax to source power – EQ
In Short : APM Terminals Pipavav has signed a 25-year agreement with CleanMax to source renewable energy. The partnership involves CleanMax supplying green power through a hybrid wind and solar project. This initiative will help APM Terminals reduce its carbon footprint, align with sustainability goals, and support India’s transition to clean energy in industrial operations. […]