announced on Tuesday that it has successfully secured ₹2,039 crores in debt financing from marquee global and national financial institutions.
Institutions such as NaBFID, HSBC, DBS, Barclays and Aseem Infrastructure have provided the financing for growth and development of upcoming renewable projects of Juniper Green Energy and its subsidiaries.
In addition, Juniper Green Energy has expanded its non-fund-based limits with Federal Bank and Axis Bank.
The National Bank for Financing Infrastructure and Development (NaBFID) has provided debt financing of ₹566 crores for the company’s under-construction 90 megawatt (MW) Juniper Green Kite Wind Power Project in Gujarat.
HSBC Bank has extended debt financing of ₹408 crores for the company’s under-construction 75 MW Juniper Green Beam Eight Solar-Wind Hybrid Power Project in Maharashtra, representing HSBC’s first greenfield project financing to Juniper Green Energy.
DBS Bank India and Barclays Bank have sanctioned ₹300 crores and ₹250 crores, respectively, in medium-term debt (three-year tenor) to support the capital expenditure requirements of various under-construction renewable energy projects.
Parag Agrawal, Chief Financial Officer, Juniper Green Energy, said: “This financing is a testament to strong lender confidence in the quality of our asset base, project pipeline and execution track record.”
Aseem Infrastructure Finance Limited (AIFL)has also extended long-term debt of ₹515 crores for the Group’s under-construction 75 MW Juniper Green ETA Five Solar-Wind Hybrid Power Project in Maharashtra. This is AIFL’s second project financing for Juniper Green Energy.
The diversified financing mix reflects growing institutional confidence in Juniper Green Energy’s project execution capabilities, asset quality, and long-term growth strategy within India’s renewable energy sector.