Debt Financing Secured From Multiple Lenders
Juniper Green Energy on Monday said it has raised ₹2,039 crore in debt financing from a consortium of global and domestic financial institutions, including National Bank for Financing Infrastructure and Development (NaBFID), HSBC, DBS Bank, Barclays and Aseem Infrastructure Finance. The funds will be used to support the development of upcoming renewable energy projects across Juniper Green Energy and its subsidiaries.
Expanded Banking Facilities
In addition to the fresh debt raise, the company said it has expanded its non-fund-based limits with Federal Bank and Axis Bank, strengthening its overall financing headroom for project execution.
Project-Specific Allocations
NaBFID has extended ₹566 crore in debt financing for the under-construction 90 megawatt Juniper Green Kite Wind Power Project in Gujarat. HSBC has provided ₹408 crore for the 75 megawatt Juniper Green Beam Eight solar-wind hybrid project in Maharashtra, marking HSBC’s first greenfield project financing with Juniper Green Energy.
DBS Bank India and Barclays have sanctioned ₹300 crore and ₹250 crore, respectively, in medium-term debt with a three-year tenor to support capital expenditure across multiple under-construction renewable projects. Separately, Aseem Infrastructure Finance has extended ₹515 crore in long-term debt for the 75 megawatt Juniper Green ETA Five solar-wind hybrid project in Maharashtra, representing its second project financing for the group.
Funding Context and Lender Confidence
The latest financing follows Juniper Green Energy’s ₹1,739 crore debt raise from the Indian Renewable Energy Development Agency (IREDA) in August 2025. The company said the new round further deepens its relationship with infrastructure-focused lenders such as NaBFID, alongside existing ties with PFC and IREDA.
Management Commentary
Parag Agrawal, chief financial officer of Juniper Green Energy, said the financing reflects lender confidence in the company’s asset quality, project pipeline and execution track record, as it continues to scale its renewable portfolio in line with India’s clean energy goals.
Keep building. Keep learning. Keep growing with StartupByDoc.