Juniper Green Energy, a renewable energy developer based in India, announced that has secured $1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corp. Ltd (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Ltd (IREDA). This strategic 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.
“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,” stated Juniper Green.
Juniper Green operates a total capacity of 1.1 GWp. Recently, the developer placed 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 placed an order with First Solar for the supply of 1 GW 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.”
Headquartered in Delhi NCR, Juniper Green Energy develops solar, wind, and hybrid power projects. The company currently operates a total capacity of 1.1 GWp. It is part of the Singapore-based AT Group, which has global investments spanning renewable energy, residential and commercial real estate and hospitality.
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