{"id":99964,"date":"2025-01-23T00:00:00","date_gmt":"2025-01-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/"},"modified":"2025-01-23T00:00:00","modified_gmt":"2025-01-23T00:00:00","slug":"hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/","title":{"rendered":"HSBC partners with CleanMax for AED 99 mn solar projects in the UAE"},"content":{"rendered":"

HSBC + Cleanmax to develop solar projects on UAE soil:<\/strong> HSBC has extended a long-term AED 99 mn credit facility to CleanMax \u2014 India-based Brookfield-backed renewable energy provider \u2014 to develop 92 onsite solar projects across the country, Cleanmax said in a press release (pdf)<\/a>. <\/p>\n

The details: <\/strong>The projects will be implemented in industrial facilities, malls, schools, and universities. The partnership\u2019s financing arrangement includes an uncommitted AED 37 mn (USD 10 mn) allocation for potential future renewable energy projects.<\/p>\n

HSBC\u2019s affinity for Indian-led green projects isn\u2019t new: <\/strong>ADIA-backed Indian real estate asset manager Lake Shore secured a USD 143 mn green loan from HSBC to refinance lenders of its Viviana mall acquisition last October<\/a>. The loan was obtained through Lake Shore\u2019s subsidiary and the mall owner Salsette Developers.<\/p>\n","protected":false},"excerpt":{"rendered":"

The projects aim to drive the UAE\u2019s Net Zero Strategy<\/p>\n","protected":false},"author":1,"featured_media":99965,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1795],"tags":[143,7,248,211,406],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-99964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-renewables","tag-energy","tag-enterpriseam-uae","tag-hsbc","tag-renewables","tag-solar-energy","wpautop","entry"],"acf":{"mongo_id":"21c92957-75a8-45b4-9eac-ea7700759bc5","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/1420.jpg","photo_position":"above","homepage_title":"","full_issue_title":"HSBC partners with CleanMax for AED 99 mn solar projects in the UAE","related_issue":[99952],"teaser":"The projects aim to drive the UAE\u2019s Net Zero Strategy","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.fd7c4960-a245-4dcd-981d-6c0dcd65153f.mp3"},"yoast_head":"\nHSBC partners with CleanMax for AED 99 mn solar projects in the UAE - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HSBC partners with CleanMax for AED 99 mn solar projects in the UAE\" \/>\n<meta property=\"og:description\" content=\"The projects aim to drive the UAE\u2019s Net Zero Strategy\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-23T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1420.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"HSBC partners with CleanMax for AED 99 mn solar projects in the UAE\",\"datePublished\":\"2025-01-23T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/\"},\"wordCount\":136,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1420.jpg?fit=%2C&ssl=1\",\"keywords\":[\"energy\",\"EnterpriseAM UAE\",\"HSBC\",\"renewables\",\"solar energy\"],\"articleSection\":[\"RENEWABLES\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/\",\"name\":\"HSBC partners with CleanMax for AED 99 mn solar projects in the UAE - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1420.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-01-23T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1420.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1420.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HSBC partners with CleanMax for AED 99 mn solar projects in the UAE\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"HSBC partners with CleanMax for AED 99 mn solar projects in the UAE - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/","og_locale":"en_US","og_type":"article","og_title":"HSBC partners with CleanMax for AED 99 mn solar projects in the UAE","og_description":"The projects aim to drive the UAE\u2019s Net Zero Strategy","og_url":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/","og_site_name":"UAE","article_published_time":"2025-01-23T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1420.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"HSBC partners with CleanMax for AED 99 mn solar projects in the UAE","datePublished":"2025-01-23T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/"},"wordCount":136,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1420.jpg?fit=%2C&ssl=1","keywords":["energy","EnterpriseAM UAE","HSBC","renewables","solar energy"],"articleSection":["RENEWABLES"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/","url":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/","name":"HSBC partners with CleanMax for AED 99 mn solar projects in the UAE - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1420.jpg?fit=%2C&ssl=1","datePublished":"2025-01-23T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1420.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1420.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/hsbc-partners-with-cleanmax-for-aed-99-mn-solar-projects-in-the-uae\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"HSBC partners with CleanMax for AED 99 mn solar projects in the UAE"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1420.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1420.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1420.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/99964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=99964"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/99964\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/99952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/99965"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=99964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=99964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=99964"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=99964"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=99964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}