Clean Max Enviro Energy raises Rs 2,500 cr via green bonds
A energy transition development with market-wide reach.
· Economic Times Markets, BS Companies
In a significant financial move, Clean Max Enviro Energy successfully raised Rs 2,500 crore by issuing green debt securities. The offering consisted of non-convertible debentures organized into five series, each featuring different maturities and coupon rates. Structured under a green bond framework, the funds will be directed towards renewable energy projects.
The analysis
The shift to renewables is redrawing which energy names are structural winners versus stranded.
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