Home / Business and Economy / Juniper Green Energy Secures Over ₹2,000 Crore in Project Financing
Juniper Green Energy Secures Over ₹2,000 Crore in Project Financing
7 Jan
Summary
- Juniper Green Energy secured over Rs 2,039 crore in debt financing.
- NaBFID lent Rs 566 crore for a 90 MW wind project in Gujarat.
- HSBC provided Rs 408 crore for a hybrid solar-wind project in Maharashtra.
Juniper Green Energy has secured significant funding, raising over Rs 2,039 crore in debt financing from prominent global and national financial institutions. This substantial capital injection is earmarked for the expansion and development of the company's upcoming renewable energy projects, underscoring a strong commitment to sustainable growth.
Key lenders include NaBFID, which provided Rs 566 crore for an under-construction 90 MW Juniper Green Kite Wind Power Project in Gujarat. HSBC has extended Rs 408 crore for a 75 MW Juniper Green Beam Eight Solar-Wind Hybrid Power Project in Maharashtra, marking a significant greenfield project financing for the company.
Further bolstering its financial capacity, Juniper Green Energy also received Rs 300 crore from DBS Bank India and Rs 250 crore from Barclays Bank. Aseem Infrastructure Finance added Rs 515 crore for a 75 MW hybrid project in Maharashtra. The company has also expanded its non-fund-based limits with Federal Bank and Axis Bank.
