Juniper Green Energy, a leading independent renewable energy power producer in India, has successfully secured Rs 1,739 crore in debt funding from the Indian Renewable Energy Development Agency Ltd (IREDA). This significant financial infusion will drive the company’s growth and enable the execution of large-scale renewable energy projects, further strengthening its operational capacity and commitment to sustainable infrastructure aligned with India's clean energy goals.
Key Highlights of the Financing Deal
Amount Raised: Rs 1,739 crore in debt financing secured from IREDA.
Purpose: Funding will be used to support the development, construction, and operation of Juniper Green Energy’s large-scale solar, wind, and hybrid renewable energy projects.
Previous Funding: This follows a successful USD 1 billion debt raise last year involving major financial institutions like Power Finance Corporation Ltd (PFC), DBS Bank, HSBC Bank, and IREDA itself.
Operational Capacity: As of June 27, 2025, Juniper Green Energy operates a total renewable capacity of 1.45 GWp (Gigawatt peak).
Recent Project Milestones: The company accelerated commissioning schedules, including a 103 MWp solar component of its hybrid plant at Karanja in Maharashtra, which went online about 16 months ahead of schedule, and partial commissioning of 25 MW of a 50 MW wind project in Gujarat, completed nearly three months ahead of time.
Significance and Strategic Impact
The debt financing from IREDA marks an important milestone in Juniper Green Energy’s expansion journey, reinforcing the company’s ability to scale up renewable energy infrastructure in India. The availability of this capital supports timely project execution, operational strengthening, and enhances Juniper’s capacity to meet the growing demand for sustainable power solutions.
Juniper Green Energy’s portfolio encompasses utility-scale renewable assets, including solar, wind, and hybrid projects, contributing meaningfully to India’s clean energy transition and the national target of expanding non-fossil fuel electricity capacity. Their proactive completion of projects ahead of schedules showcases robust project management and technical expertise.
Financial and Market Context
The ₹1,739 crore financing from IREDA not only bolsters Juniper Green’s balance sheet but also positions the company strongly in a competitive renewable market that is witnessing increased institutional funding enabled by supportive government policies. IREDA, being a government-backed financial institution specialized in renewable energy lending, offers favorable terms that aid affordability and sustainability of projects.
This funding complements Juniper’s prior capital raises from domestic and international lenders, enhancing the company’s financial flexibility and capacity to undertake new projects, including upcoming wind-solar hybrid and firm, dispatchable renewable energy ventures.
Outlook and Future Prospects
With this fresh infusion of funds, Juniper Green Energy plans to accelerate its pipeline of renewable energy projects, including recently awarded wind projects in Gujarat and expansion in firm renewable power capacity. The company is focused on maintaining its leadership in project execution efficiency and operational excellence to maximize returns and support India’s ambitious climate and energy objectives.
Juniper Green Energy is part of the AT Capital Group, a global investment firm with diverse interests including renewable energy, demonstrating strong backing and strategic guidance for sustained growth.
Conclusion
Juniper Green Energy’s successful raising of ₹1,739 crore in debt financing from IREDA represents a critical step forward in expanding India’s renewable energy infrastructure. The funding will enable the company to execute key solar, wind, and hybrid projects promptly, contributing significantly to India’s clean energy capacity and sustainable development goals.
The company’s track record of ahead-of-schedule project commissioning and robust operational capacity underscores its capability and commitment to advancing India’s green energy transition. This milestone financing enhances Juniper Green Energy’s financial strength and growth outlook in the dynamic renewable sector.
Source: Business Standard, Economic Times Energy News, PTI, Mercom India, Juniper Green Energy Corporate Announcements
