Augment Infrastructure Acquires a Majority Stake in CleanMax for ₹16.5 Billion

CleanMax will utilize primary capital to enhance its growth in the C&I renewable energy sector in India, the Middle East, and Southeast Asia

August 12, 2021

/ Harsh Shukla

/ Finance and M&A, Solar,

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CleanMax, an Indian renewable energy company, announced that Augment Infrastructure, a U.S.-based investment company, has acquired a majority stake in the company investing ₹16.5 billion (~$222.23 million) in equity.

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Harsh Shukla

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Augment Infrastructure Acquires a Majority Stake in CleanMax for ₹16.5 Billion

Continue Reading with Premium Access

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