Brookfield Renewable completed a $360m investment in CleanMax.

Brookfield Renewable, a publicly traded limited partnership that owns and operates renewable power assets, completed a $360m investment in CleanMax, a Mumbai based renewable energy company. This funding of $360m, which is a mix of primary and secondary, will enable CleanMax to pursue its growth plans of becoming a >5 GW platform over the next three to four years. Through this investment, Brookfield Renewable will have a controlling stake in CleanMax, and will work with existing shareholders and management to drive the platform’s growth in the commercial and industrial segment in India.