Juniper Green Energy Raises $1bn In Debt Financing

Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA).

Renewable energy developer Juniper Green Energy has successfully secured US$1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA).

This funding will support the growth and development of Juniper Green Energy and its subsidiaries, specifically for wind-solar hybrid and Firm & Dispatchable Renewable Energy (FDRE) projects, the company said in a media statement today.

This fresh debt financing positions Juniper Green Energy to execute large-scale renewable projects, strengthen its operational capacity, and meet the rising demand for clean energy, it added.

Building Momentum for Long-Term Growth

Juniper Green operates a total capacity of 1.1 GWp. Recent developments include Juniper Green Energy placing an order with Envision Energy India for 200 units of the EN 182/5 MW wind turbine generator and a 320.38 MWh Battery Energy Storage System (BESS). Additionally, the company has partnered with First Solar for the supply of 1,000MWp of Series 7 solar photovoltaic modules. These equipment will be deployed across key Indian states to support the transition to clean energy.

Naresh Mansukhani, CEO of Juniper Green Energy, stated, “Securing this funding highlights the strength of our business model and our long-term strategy. With this financing, we are well equipped to scale up our operations and contribute meaningfully to India’s clean energy transition.”

Scaling growth

Juniper Green Energy is an independent renewable energy power producer and operator specializing in solar, wind, and hybrid power projects. The company has experience in conceptualizing, building, and developing renewable energy assets across India. The company is part of the Singapore-based AT Group, which has global investments spanning renewable energy, residential and commercial real estate and hospitality.

Founded in October 2018 and headquartered in Delhi NCR, the company has rapidly expanded its footprint, currently operating a total capacity of 1.1 GWp. Its focus on innovative energy solutions and large-scale project development strengthens its role as a key contributor to India’s clean energy transition.