Juniper Green Energy announced on Monday that it has secured $1 billion in phased debt financing from top financial institutions. The funds will be used to expand its wind-solar hybrid and Firm & Dispatchable Renewable Energy (FDRE) projects.
The financing partners include Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA). This funding will support Juniper Green’s efforts to grow its presence in the renewable energy sector.
With this capital infusion, Juniper Green Energy plans to expand its renewable energy projects, improve its operational capacity, and address the increasing demand for sustainable energy solutions. The company currently operates 1.1 GWp of renewable energy capacity.
As part of its growth, Juniper Green has placed an order with Envision Energy India for 200 units of the EN 182/5 MW wind turbine generator and a 320.38 MWh Battery Energy Storage System (BESS). Additionally, the company has partnered with First Solar to supply 1,000 MWp of Series 7 solar photovoltaic modules.
These efforts are aimed at advancing India’s clean energy transition, with the equipment being deployed across key locations. Naresh Mansukhani, CEO of Juniper Green Energy, expressed confidence in the company’s future, stating, “Securing this funding highlights the strength of our strategy and long-term vision.”
Juniper Green Energy is an independent renewable energy producer focused on the development, construction, and operation of solar, wind, and hybrid power projects. Based in Gurgaon, India, the company is committed to driving the transition to sustainable energy through innovative solutions and large-scale renewable energy assets.
With a portfolio spanning across Rajasthan, Gujarat, and Maharashtra, Juniper Green Energy is dedicated to clean power generation and operational excellence. The company plays an active role in India’s renewable energy goals by leveraging advanced technology and fostering partnerships that support energy independence and sustainability.
