Juniper Green Energy, a leading independent renewable energy power producer, and operator of solar, wind, and hybrid power projects, is pleased to announce a substantial investment of $350 million by AT Capital Group and Vitol. This noteworthy commitment underscores the collaborative spirit of the partnership, with both AT Capital Group and Vitol recognizing the transformative impact of Juniper Green Energy’s projects on India’s evolving energy landscape.
This increased investment, amounting to $350 million, comes nearly two years after the initial commitment of $200 million from AT Capital Group and Vitol, reaffirming their steadfast confidence in Juniper Green Energy’s growth trajectory and operational capabilities.
Juniper Green Energy has firmly established itself as a prominent player in the Indian Renewable Energy sector. The company currently boasts an operational portfolio nearing 800 megawatts (MW), with an additional 435 MW under construction and a development pipeline exceeding 3 GW encompassing solar, wind, and hybrid power projects.
The augmented investment from AT Capital Group and Vitol is set to play a pivotal role as Juniper Green Energy embarks on an ambitious journey to triple its operational capacity to 2.5 GW by 2026, further solidifying its position as a key contributor to India’s renewable energy landscape.
“We are thrilled to deepen our partnership with Juniper Green Energy through this increased investment,” said Sanjay Bakliwal, Director, at AT Capital Group. “Their impressive project pipeline, combined with their proficiency in EPC and O&M services, aligns seamlessly with our vision for a sustainable and greener future.”
Mike Muller, Head of Vitol Asia, added: “Vitol is committed to investing in sustainable energy solutions worldwide. We are pleased to support Juniper Green Energy’s ambitions to deliver a growing renewable power portfolio at a time of increasing demand for power.”
The choice to expand the investment in Juniper Green Energy is underpinned by the company’s outstanding performance and its consistent track record of delivering substantial value to its stakeholders. What distinguishes Juniper Green Energy within the industry is its comprehensive in-house capabilities spanning Engineering, Procurement, and Construction (EPC), as well as Operations and Maintenance (O&M) services. These internal competencies ensure the seamless execution and enduring success of its renewable projects, thereby strengthening investor confidence.
Juniper Green Energy’s unique ability to offer end-to-end solutions internally not only sets it apart in the sector but also cements its position as a reliable and trusted player in the renewable energy arena. This approach has played a pivotal role in attracting increased investment from AT Capital Group and Vitol, as the company continues to excel in delivering sustainable and impactful energy projects.