IndiGrid raises Rs 1,500 cr through institutional placement

IndiGrid Infrastructure Trust on Friday said it has raised Rs 1,500 crore through an institutional placement issue amid widespread investor participation from existing and new investors. The institutional placement issue, launched on January 19, was oversubscribed twice, a statement said. As many as ten insurance companies and six investment funds participated, with contributions from domestic […]

Brookfield-backed Indian energy company Clean Max said it plans a scaled-down initial public offering

Clean Max Enviro Energy Solutions Ltd., a renewable energy company backed by Brookfield Corp., is preparing to launch its initial public offering in February with a smaller deal size, according to people familiar with the matter.The Mumbai-based company is now planning an initial public offering of about $350 million to $400 million, down from a […]