In a strategic step toward going public, Juniper Green Energy has transitioned from a private limited entity to a public limited company, now formally recognized as Juniper Green Energy Ltd. The move comes as the company prepares to launch its initial public offering (IPO), targeted for mid-2025, with an estimated fundraising of ₹3,000 crore.
Headquartered in Delhi, Juniper Green Energy has rapidly expanded its presence in India’s renewable energy sector since its inception in 2018. The company currently operates 1.1 GWp of utility-scale solar, wind, and hybrid energy projects and has ambitious plans to scale up its portfolio beyond 6 GW.
The firm is backed by strong international investment. Its promoter, Juniper Renewable Holding Pte Ltd, is majority-owned (75%) by Singapore-based AT Capital Group, while the remaining 25% is held by global energy trading firm Vitol Energy.
As part of its leadership realignment in the lead-up to the IPO, the company recently elevated Ankush Malik to the role of Chief Executive Officer. Malik has been with Juniper since 2018 and formerly served as Chief Operating Officer, bringing over 15 years of experience in the power sector.
The IPO proceeds are expected to support Juniper’s aggressive expansion plans and solidify its position in India’s growing clean energy landscape. With regulatory filings set to begin shortly, Juniper Green Energy’s transition signals its readiness to play a key role in India’s sustainable energy future.
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