CleanMax raises $575 mn to expand solar & wind projects in India

Renewable energy provider CleanMax said it raised $575 million through multi-lender transactions ‌to expand its solar and wind projects. The funding would support about 1 ​GW of large-scale, Central Transmission Utility-connected renewable energy projects in ​Rajasthan and Karnataka. Multiple ⁠domestic and international lenders, including Societe ​Generale, ​SMBC and HSBC, ⁠participated.