{"id":430532,"date":"2021-08-13T11:12:35","date_gmt":"2021-08-13T05:42:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=430532"},"modified":"2021-08-13T11:12:35","modified_gmt":"2021-08-13T05:42:35","slug":"augment-infra-invests-rs-1650-cr-in-cleanmax-for-majority-stake","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/augment-infra-invests-rs-1650-cr-in-cleanmax-for-majority-stake\/","title":{"rendered":"Augment Infra invests Rs 1,650 cr in Cleanmax for majority stake"},"content":{"rendered":"<p>Augment Infrastructure, a US-based investor, on Thursday announced a Rs 1,650 crore investment to buy a majority stake in rooftop solar solutions provider Cleanmax. Augment&#8217;s investment involves purchase of stakes from an affiliate of private equity major Warburg Pincus and World Bank Group member International Finance Corporation, who are exiting their investment, and also a primary investment, an official statement said.<\/p>\n<p>It, however, did not disclose the exact stakes bought or offered any details on the enterprise valuation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Augment Infrastructure, a US-based investor, on Thursday announced a Rs 1,650 crore investment to buy a majority stake in rooftop solar solutions provider Cleanmax. Augment&#8217;s investment involves purchase of stakes from an affiliate of private equity major Warburg Pincus and World Bank Group member International Finance Corporation, who are exiting their investment, and also a primary investment, an official statement said. It, however, did not disclose the exact stakes bought or offered any details on the enterprise valuation.<\/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-430532","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\/430532","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=430532"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/430532\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=430532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=430532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=430532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}