{"id":581379,"date":"2023-06-02T11:30:02","date_gmt":"2023-06-02T06:00:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=581379"},"modified":"2023-06-02T11:30:02","modified_gmt":"2023-06-02T06:00:02","slug":"renewables-co-cleanmax-gets-360-million-from-canada-fund","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/renewables-co-cleanmax-gets-360-million-from-canada-fund\/","title":{"rendered":"Renewables co CleanMax gets $360 million from Canada fund"},"content":{"rendered":"<p>NEW DELHI: Mumbai-based renewable energy company CleanMax has sewed up equity funding of $360 million from Brookfield Renewable, marking the Canadian fund\u2019s second investment in an Indian clean energy entity within a month.<\/p>\n<p>Brookfield Renewable is among the largest investors globally in renewable power and climate transition assets and will route the investment through the Brookfield Global Transition Fund. Brookfield will get a controlling stake and will work with existing shareholders and management to drive the company\u2019s growth in the C&amp;I (commercial and industrial) segment in India, CleanMax said in a statement on Thursday.<\/p>\n<p>Brookfield had in April committed $1 billion to Mumbai-based Avaada group led by social entrepreneur Vineet Mittal for building green hydrogen and green ammonia plants. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Mumbai-based renewable energy company CleanMax has sewed up equity funding of $360 million from Brookfield Renewable, marking the Canadian fund\u2019s second investment in an Indian clean energy entity within a month. Brookfield Renewable is among the largest investors globally in renewable power and climate transition assets and will route the investment through the Brookfield Global Transition Fund. Brookfield will get a controlling stake and will work with existing shareholders and management to drive the company\u2019s growth in the C&amp;I (commercial and industrial) segment in India, CleanMax said in a statement on Thursday. Brookfield had in April committed $1 [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-581379","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/581379","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=581379"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/581379\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=581379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=581379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=581379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}