Juniper Green Energy Raises ₹2,039 Crore in Debt Financing for Renewable Project Development – EQ

• Financing from NaBFID, HSBC, DBS, Barclays and Aseem Infrastructure to drive large-scale project execution and capacity expansion

Gurgaon – Juniper Green Energy Limited (“Juniper Green Energy”) today announced that it has successfully secured INR 2,039 crores in debt financing from marquee global and national financial institutions such as NaBFID, HSBC, DBS, Barclays and Aseem Infrastructure for growth and development of upcoming renewable projects of Juniper Green Energy and its subsidiaries. In addition, Juniper Green Energy has expanded its non-fund-based limits with Federal Bank and Axis Bank.

This round of financing follows Juniper Green Energy’s successful INR 1,739 crores debt raise in August 2025 from the Indian Renewable Energy Development Agency Limited (IREDA).

Key Financing Highlights:

The National Bank for Financing Infrastructure and Development (NaBFID) has provided debt financing of INR 566 crores for the company’s under-construction 90 MW Juniper Green Kite Wind Power Project in Gujarat. With this financing, Juniper further extends its relationship with a major infrastructure development financial institution, NaBFID, complementing its strong existing relationships with PFC and IREDA.

HSBC Bank has extended debt financing of INR 408 crores for the company’s under-construction 75 MW Juniper Green Beam Eight Solar-Wind Hybrid Power Project in Maharashtra, representing HSBC’s first greenfield project financing to Juniper Green Energy. HSBC Bank has also extended non-fund-based and green loan facilities in the past.

DBS Bank India and Barclays Bank have sanctioned INR 300 crores and INR 250 crores, respectively, in medium-term debt (three-year tenor) to support the capital expenditure requirements of various under-construction renewable energy projects.

• This transaction marks the commencement of a new banking relationship between Barclays Bank and Juniper Green Energy.
• DBS Bank India has extended the loan in addition to existing non-fund-based facilities.

Aseem Infrastructure Finance Limited (AIFL) has also extended long-term debt of INR 515 crores for the Group’s under-construction 75 MW Juniper Green ETA Five Solar-Wind Hybrid Power Project in Maharashtra. This is AIFL’s second project financing for Juniper Green Energy.

The diversified financing mix reflects growing institutional confidence in Juniper Green Energy’s project execution capabilities, asset quality, and long-term growth strategy within India’s renewable energy sector.

Commenting on the development, Parag Agrawal, Chief Financial Officer, Juniper Green Energy, said:

“This financing is a testament to strong lender confidence in the quality of our asset base, project pipeline and execution track record. The participation of leading domestic and global financial institutions, including several first-time partners, enhances our financial flexibility and positions us well to deliver the next phase of capacity addition. We remain focused on scaling responsibly while contributing meaningfully to India’s clean energy transition.”

About Juniper Green Energy

Juniper Green Energy is an independent renewable energy power producer in India, focused on the development, construction and operations of utility-scale solar, wind, and hybrid renewable energy projects. It is headquartered in Delhi NCR since October 2018; the company has grown its operational capacity to approximately 1.45 GWp (as of June 27, 2025). With expertise spanning the entire project lifecycle – from initial concept to construction and development across India – Juniper Green Energy provides energy solutions and undertakes large-scale projects, thus playing a role in India’s shift towards clean energy.

Juniper Green Energy is a part of the AT Capital Group, a globally diversified investment group based in Singapore. AT Capital Group focuses on sectors including Renewable Energy, Residential and Commercial Real Estate, with a presence in India, the GCC, and Europe. Within India, the group also operates Experion Developers, a real estate company, and Experion Capital, a Non-Banking Financial Company (NBFC) that specialises in financing real estate and infrastructure projects.