CleanMax Secures ~$575 Million for 1 GW Renewable Projects

Clean Max Enviro Energy Solutions Ltd has secured approximately $575 million through multi-lender transactions to support its ~1 GW renewable energy projects across Rajasthan and Karnataka. The financing involves a diversified lender base, including domestic and international banks, utilizing ECB, FCNR(B), and INR facilities. This funding will support large-scale, CTU-connected renewable projects, reflecting CleanMax's focus on providing high-quality renewable assets for the corporate and industrial sector, particularly large tech companies. The capital structure aligns borrowing currency with contracted revenues, comprising USD and INR-denominated loans.