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Juniper Green Energy Secures ₹2,039 Cr Debt From NaBFID, HSBC, DBS, Barclays & AIFL For Renewable Projects

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Representational image. Credit: Canva

Juniper Green Energy Limited (Juniper Green Energy) has announced that it has successfully secured debt financing of INR 2,039 crores from a group of prominent global and national financial institutions, including the National Bank for Financing Infrastructure and Development (NaBFID), HSBC, DBS, Barclays, and Aseem Infrastructure Finance Limited (AIFL). This financing will support the development and growth of Juniper Green Energy’s upcoming renewable energy projects, as well as projects undertaken by its subsidiaries.

In addition to this funding, the company has expanded its non-fund-based credit facilities with Federal Bank and Axis Bank, strengthening its overall financial flexibility. This new round of financing follows Juniper Green Energy’s earlier successful debt raise of INR 1,739 crores in August 2025 from the Indian Renewable Energy Development Agency Limited (IREDA). Together, these initiatives underscore the company’s strong relationships with leading financial institutions and its growing position in India’s renewable energy sector.

The financing includes several significant components. NaBFID has provided INR 566 crores for the under-construction 90 MW Juniper Green Kite Wind Power Project in Gujarat. This extends Juniper Green Energy’s relationship with a major infrastructure development financial institution, complementing its existing ties with PFC and IREDA. HSBC has extended INR 408 crores to fund the under-construction 75 MW Juniper Green Beam Eight Solar-Wind Hybrid Power Project in Maharashtra. This marks HSBC’s first greenfield project financing with Juniper Green Energy, although the bank has previously provided non-fund-based and green loan facilities to the company.

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Commenting on the development, Parag Agrawal, Chief Financial Officer of Juniper Green Energy, said that the financing demonstrates the trust and confidence lenders have in the company’s project pipeline, asset base, and execution track record. He added 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 to deliver the next phase of capacity addition. He reaffirmed that Juniper Green Energy remains focused on responsible growth while contributing significantly to India’s clean energy transition.

DBS Bank India and Barclays Bank have collectively provided medium-term debt of INR 300 crores and INR 250 crores, respectively, with a three-year tenor. These funds will support capital expenditure requirements across multiple under-construction renewable energy projects. This transaction also establishes a new banking relationship with Barclays, while DBS Bank India adds this debt to its existing non-fund-based facilities.

Aseem Infrastructure Finance Limited has contributed long-term debt of INR 515 crores to support the under-construction 75 MW Juniper Green ETA Five Solar-Wind Hybrid Power Project in Maharashtra. This represents the second project financing AIFL has undertaken with Juniper Green Energy. The diversity of lenders and financing structures reflects strong institutional confidence in Juniper Green Energy’s execution capabilities, the quality of its assets, and its long-term growth strategy in India’s renewable energy sector.

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