13 Jul '17, 2pm

Warburg Pincus Invests $100 Million in India's CleanMax Solar

Warburg Pincus Invests $100 Million in India's CleanMax Solar

CleanMax, which has about a quarter of the South Asian nation’s market for rooftop solar systems, will use the private equity investment to fund growth opportunities outside India and to improve product offerings, Kuldeep Jain, managing director of the renewable energy firm, said in the emailed statement. Warburg, which oversees more than $44 billion in private equity assets globally, did not disclose the stake it will hold after the investment.

Full article: http://www.renewableenergyworld.com/articles/2017/07/warb...

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