Brookfield-backed Clean Max has launched an initial public offering (IPO) in India to raise up to $341.7 million, pricing shares between 1,000 to 1,053 rupees. The funds raised will be utilized to repay debt, reflecting the strong current demand in India’s IPO market, particularly for clean energy listings. This initiative aligns with India’s ongoing efforts to enhance its renewable energy sector as the country prioritizes solar expansions to support its clean energy transition.
Clean Max launches IPO in India to raise $341.7M for debt repayment
