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Augment Infra invests in Cleanmax for majority stake

  • Date : 12/08/2021
  • Source : Business Standard

CleanMax, which is the largest provider of solar solutions in India such as rooftop solar to commercial and industrial (C&I) segment, announced equity acquisition by Augment Infrastructure. The US investment firm is acquiring a majority stake in CleanMax for an equity consideration of Rs 1,650 crore.