CleanMax Solar raises Rs 2.75 billion from Macquarie-managed UK Climate Investments

CleanMax Solar has raised Rs 2.75 billion in equity funding from UK Climate Investments LLP. This is the third institutional investor to support the company’s growth ambitions, having secured equity financing of up to Rs 7 billion from an affiliate of Warburg Pincus and the International Finance Corporation (IFC) in 2017.

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