Juniper Green Energy Limited has secured debt financing of ₹2,039 crore from a mix of prominent national and global financial institutions to support the development of its upcoming renewable energy projects. The financing was raised from the National Bank for Financing Infrastructure and Development (NaBFID), HSBC, DBS, Barclays, and Aseem Infrastructure, reflecting growing confidence in the company’s project execution capabilities and long-term growth strategy in India’s renewable energy sector. Additionally, Juniper Green Energy has expanded its non-fund-based credit limits with Federal Bank and Axis Bank, further strengthening its financial flexibility.
This funding follows a previous debt raise of ₹1,739 crore in August 2025 from the Indian Renewable Energy Development Agency Limited (IREDA). The current round will help Juniper Green Energy advance multiple projects under construction across India, including solar, wind, and hybrid renewable energy installations. NaBFID has provided ₹566 crore specifically for the company’s 90 MW Juniper Green Kite Wind Power Project in Gujarat. This financing extends the company’s relationship with NaBFID, complementing existing ties with other major institutions such as PFC and IREDA.
HSBC has extended ₹408 crore to support the 75 MW Juniper Green Beam Eight Solar-Wind Hybrid Power Project in Maharashtra. This represents HSBC’s first greenfield project financing to Juniper Green Energy, although the bank has previously provided non-fund-based and green loan facilities. DBS Bank India and Barclays Bank have provided medium-term debt of ₹300 crore and ₹250 crore, respectively, to support capital expenditure requirements for various projects. Notably, this marks the beginning of Barclays’ banking relationship with Juniper Green Energy, while DBS has extended this loan in addition to its existing non-fund-based facilities.
Aseem Infrastructure Finance Limited has also contributed ₹515 crore in long-term debt for the 75 MW Juniper Green ETA Five Solar-Wind Hybrid Power Project in Maharashtra, marking its second project financing with the company. The diversified financing mix from multiple institutions indicates strong institutional trust in Juniper Green Energy’s asset quality and operational track record.
Parag Agrawal, Chief Financial Officer of Juniper Green Energy, stated that the financing underscores the confidence lenders have in the company’s project pipeline and execution capabilities. He noted that the participation of leading domestic and global financial institutions, including several first-time partners, enhances the company’s financial flexibility and positions it well for the next phase of capacity addition. He emphasized that Juniper Green Energy remains focused on responsible growth while contributing to India’s transition toward clean energy.
The company is also preparing for an initial public offering of its equity shares, having filed its Draft Red Herring Prospectus with SEBI, with potential investors advised to consider the associated risks before making investment decisions. This strategic financing and planned IPO demonstrate Juniper Green Energy’s ambition to strengthen its position in India’s growing renewable energy market and accelerate the country’s clean energy.
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