PE Firm Warburg looks to sell rooftop solar company CleanMax

US-based Warburg Pincus is planning to sell its stake in CleanMax, one of India’s leading rooftop solar power companies. The company had a portfolio of around 500 megawatts as of 2019 and plans to have 300 customers by 2022. Over the last few years a number of deals in the rooftop solar market have increased.