{"id":430331,"date":"2021-08-12T11:36:44","date_gmt":"2021-08-12T06:06:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=430331"},"modified":"2021-08-12T11:36:44","modified_gmt":"2021-08-12T06:06:44","slug":"warburg-pincus-sells-its-stake-in-cleanmax-to-us-company-for-rs-1650-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/warburg-pincus-sells-its-stake-in-cleanmax-to-us-company-for-rs-1650-crore\/","title":{"rendered":"Warburg Pincus sells its stake in Cleanmax to US company for Rs 1,650 crore"},"content":{"rendered":"<p>Global private equity fund Warburg Pincus has sold its stake in rooftop solar power producer Cleanmax Enviro Energy to Augment Infrastructure, a US investment firm. The deal, a mix of both primary and secondary capital, is worth Rs 1,650 crore, a senior company official said.<\/p>\n<p>\u201cAugment has acquired a controlling stake in the company as Warburg Pincus and IFC have exited through this transaction,\u201d said Kuldeep Jain, founder and managing director, Cleanmax.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global private equity fund Warburg Pincus has sold its stake in rooftop solar power producer Cleanmax Enviro Energy to Augment Infrastructure, a US investment firm. The deal, a mix of both primary and secondary capital, is worth Rs 1,650 crore, a senior company official said. \u201cAugment has acquired a controlling stake in the company as Warburg Pincus and IFC have exited through this transaction,\u201d said Kuldeep Jain, founder and managing director, Cleanmax.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-430331","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/430331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=430331"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/430331\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=430331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=430331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=430331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}