Clean Max Enviro Energy Solutions share price jumps 15% on partnering with Meta Platforms

Shares of Clean Max Enviro Energy Solutions opened 6.4% higher at ₹1,312 apiece. The shares extended the gains up to 15% higher, hitting intraday high of ₹1,421 apiece on Wednesday after the company announced a partnership with Meta Platforms. The shares closed 0.8% higher on the previous day at ₹1,232 apiece on the NSE.

The company’s exchange filing read, “Meta Platforms, Inc. and Clean Max Enviro Energy Solutions Limited have announced a ~900 MW renewable energy partnership in India. Together, the companies will support the development of 837 MW of new solar and wind capacity across Rajasthan and Karnataka. Combined with previously announced projects, the partnership now represents more than 900 MW of renewable energy capacity”.

The company holds big tech companies like Apple, Google, Cisco, and Amazon as its clients and continues to serve them with renewable energy solutions.

Commenting on the development, Kuldeep Jain, Founder and Managing Director, Clean Max Enviro Energy Solutions Limited, said, “Meta connects billions of people every day through platforms such as Facebook, Instagram, WhatsApp and Threads while helping shape the future of digital and AI infrastructure. We are thrilled to partner with Meta. Every generation builds infrastructure that defines its future. For us, that infrastructure is increasingly digital, AI-driven and interconnected. It must also be powered by clean energy. We look forward to supporting Meta's renewable energy ambitions while contributing to India's clean energy transition.”

Shares of the company recently got listed on the bourses in 17% discount at ₹853 apiece to its issue price of ₹1,053 apiece on the NSE. However, the shares recouped all the losses and currently trade over 23% higher at ₹1,310 apiece on the NSE.

Q4FY26 result highlights

During the quarterly earnings for Q4FY26, the company recorded a robust growth across the board. The revenue for the quarter jumped 25% YoY to ₹557 crore as compared to ₹446 crore. Similarly, the EBITDA for the quarter jumped 5% YoY to ₹3,497 crore. The net profit for the quarter more than doubled to ₹45 crore. The strong growth was primarily driven by robust capacity addition and sales throughout the year.

The company holds a total capacity of 5.7 GW, out of which 3.1 GW is operational and 2.6 GW is yet to be executed and contracted. The strong growth in operational capacity was largely driven by high demand for power from the data centre and AI segment, which currently holds 42% of the contracted capacity, significantly up from 14% in FY24. Additionally, 74% of the new volumes contracted came from existing customers, highlighting confidence in the company’s operations.