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May 26 (Reuters) – India's Clean Max Enviro Energy ‌Solutions has raised about $575 ‌million to expand its solar and ​wind projects in India, the renewable power firm said on Tuesday.
• Clean ‌Max secured ⁠the funding to support about 1 gigawatt ⁠of renewable energy projects in India's western state ​of Rajasthan ​and the ​southern state ‌of Karnataka
• The company raised the funds through external commercial borrowings (ECB), rupee term loan, and foreign currency non-resident ‌banking facility.
• ​Multiple domestic and ​international ​lenders, including Societe ‌Generale, BNP Paribas, Sumitomo ​Mitsui ​Banking Corporation, DBS Bank, and HSBC, are part of ​the ‌fundraise.
(Reporting by Anuran Sadhu ​in Bengaluru; Editing by ​Janane Venkatraman)
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