AZB acts on Warburg Pincus sale of stake in Cleanmax to Augment Infrastructure for US$ 223 million

The deal is a mix of both primary and secondary capital

Bar & Bench

Published:14th Sep, 2021 at 1:53 PM

Global private equity fund Warburg Pincus LLC sold its stake in rooftop solar power producer Cleanmax Enviro Energy to Augment Infrastructure, a US investment firm for US$ 223 million (₹1650 crore).

AZB & Partners acted for Warburg Pincus LLC. The team was led by Partners Anil Kasturi and Ashish Pareek.

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AZB acts on Warburg Pincus sale of stake in Cleanmax to Augment Infrastructure for US$ 223 million

The deal is a mix of both primary and secondary capital

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