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Vitol, AT Capital Group invest USD 350 mln in Juniper Green Energy

Thursday, 14 Sep 2023

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AT Capital Group and energy and commodities firm Vitol have invested USD 350 million, or around Rs 2,900 crore, in Juniper Green Energy. The increase in investment, which follows the initial commitment of USD 200 million from the two firms, will be geared towards the company’s growth trajectory and capabilities.

As part of this, the renewable energy independent power producer (IPP) is targeting to triple its operational capacity to 2.5 GW by 2026 and work on its development plans.

The Delhi NCR-based company has end-to-end internal competencies in engineering, procurement and construction (EPC) and O&M services for its renewable projects.

Juniper boasts an operational portfolio of nearly 800 MW with an under-construction capacity of 435 MW and a pipeline of more than three GW across solar, wind and hybrid development projects.