Brookfield-Backed Clean Max Plans $586 Million IPO in November

Brookfield-backed Clean Max Enviro Energy Solutions Ltd. is planning to launch its 52 billion rupees ($586 million) initial public offering as early as November, according to people familiar with the matter.

The commercial and industrial renewable energy provider has started investor roadshows and aims to begin the share sale next month after getting regulatory approvals, the people said, asking not to be identified as the information is private.