Juniper Green Energy has successfully raised Rs 2,039 crore in debt financing to support the growth and development of its upcoming renewable energy projects.
The funding comes from a mix of prominent global and national financial institutions, including NaBFID, HSBC, DBS, Barclays, and Aseem Infrastructure. In addition to this debt financing, the company has expanded its non-fund-based credit limits with Federal Bank and Axis Bank, providing additional financial flexibility for its operations. Juniper Green Energy plans to utilize these resources to accelerate its renewable energy initiatives through its subsidiaries, strengthening its position in the clean energy sector. The company emphasised that the funding will play a crucial role in scaling up projects and enhancing infrastructure to meet the growing demand for sustainable energy solutions.
By securing support from reputed financial institutions, Juniper Green Energy aims to advance its strategic goals, contributing to the renewable energy landscape while ensuring efficient project execution and long-term growth.