Magazine

Last edition
January-February 2025

Home › Investment & Trading ›Juniper Secures USD 1 Bn in Phased Debt Financing to Boost Wind-Solar Hybrid and FDRE Projects

Juniper Secures USD 1 Bn in Phased Debt Financing to Boost Wind-Solar Hybrid and FDRE Projects

February 10, 2025. By News Bureau

Juniper Green Energy, the renewable energy developer, has successfully secured USD 1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA). This strategic funding will support the growth and development of Juniper Green Energy and its subsidiaries, specifically for wind-solar hybrid and Firm & Dispatchable Renewable Energy (FDRE) projects.

This fresh debt financing positions Juniper Green Energy to execute large-scale renewable projects, strengthen its operational capacity, and meet the rising demand for clean energy.

Juniper Green operates a total capacity of 1.1 GWp. Recent developments include Juniper Green Energy placing 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 for the supply of 1,000MWp of Series 7 solar photovoltaic modules. These equipment will be deployed across key Indian states to support the transition to clean energy.

Naresh Mansukhani, CEO of Juniper Green Energy, stated, “Securing this funding highlights the strength of our business model and our long-term strategy. With this financing, we are well equipped to scale up our operations and contribute meaningfully to India’s clean energy transition.”

Tags:

Investment & Trading

Juniper Green Energy

Debt financing

Wind and solar projects

Power Finance Corporation

Clean Energy

Battery Energy Storage Systems