Juniper Green Energy has announced the successful closure of a ₹1,739 crore debt financing deal with the Indian Renewable Energy Development Agency Limited (IREDA). The funding will be used to expand the company’s renewable energy portfolio, fast-track large-scale projects, and enhance operational capabilities across its subsidiaries.
This latest financing milestone follows Juniper Green Energy’s USD 1 billion debt raise in 2024 from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and IREDA.
Driving India’s Clean Energy Mission
Commenting on the development, Parag Agrawal, Chief Financial Officer, Juniper Green Energy, said:
“This funding from IREDA marks another important step in our growth journey. We remain committed to scaling renewable energy infrastructure that is sustainable and aligned with India’s energy goals.”
As of June 27, 2025, Juniper Green Energy operates a total capacity of 1.45 GWp. The company recently achieved significant milestones, including:
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Commissioning a 103 MWp solar component of its hybrid plant in Karanja — completed 16 months ahead of its scheduled commercial operation date.
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Partial commissioning of 25 MW from its 50 MW wind project in Gujarat, achieved nearly three months ahead of schedule.
These ahead-of-schedule completions underscore the company’s robust execution capabilities and commitment to delivering projects efficiently.
With the new IREDA funding, Juniper Green Energy aims to strengthen its leadership in the renewable sector and contribute significantly to India’s clean energy transition, focusing on solar, wind, and hybrid power solutions.
