Rooftop Solar Developer CleanMax Secures ₹1.6 Billion Loan from PTC India

The funding is expected to be used to refinance outstanding debt from KKR Financial Services

March 28, 2019

/ shaurya
/ Finance and M&A, Solar
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Mumbai-based rooftop solar energy company, CleanMax, has announced that its subsidiary CleanMax IPP has received ₹1.58 billion ($22.6 million) in a loan from PTC India Financial Services to refinance loans from KKR Financial Services (KKR NBFC).

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

shaurya

More articles from shaurya.
CleanMaxEquity StakeFundingPTC IndiaRooftop Solar
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS