Independent power producer Juniper Green Energy has secured ₹20.39 billion (~$245.7 million) in debt financing from a consortium of domestic and global financial institutions to fund the development of its upcoming renewable energy projects.

The financing has been secured from the National Bank for Financing Infrastructure and Development (NaBFID), HSBC Bank, DBS Bank India, Barclays Bank, and Aseem Infrastructure Finance (AIFL).

NaBFID has extended ₹5.66 billion (~$68.2 million) towards the construction of the 90 MW Juniper Green Kite Wind Power Project located in Gujarat.

HSBC Bank has provided ₹4.08 billion (~$49.2 million) in debt financing for the 75 MW Juniper Green Beam Eight Solar-Wind Hybrid Power Project in Maharashtra, which is also currently under construction.

DBS Bank India and Barclays Bank have approved medium-term debt of ₹3 billion (~$36.1 million) and ₹2.5 billion (~$30.1 million), respectively, with a tenor of three years.

Separately, AIFL has provided long-term debt of ₹5.15 billion (~$62 million) for the 75 MW Juniper Green ETA Five Solar-Wind Hybrid Power Project in Maharashtra.

In addition to the fund-based debt, the company has expanded its non-fund-based credit limits with Federal Bank and Axis Bank.

The latest fundraise follows Juniper Green Energy’s ₹17.39 billion (~$209.5 million) debt financing secured in August 2025 from the Indian Renewable Energy Development Agency (IREDA).

Juniper Green has a total portfolio comprising approximately 10 GW of utility-scale solar, wind, and hybrid projects across India, of which 1.3 GW is operational, 3.8 GW is contracted projects under construction, and 4.8 GW is awarded projects under construction.

In October 2025, Juniper Green announced the commissioning of 64 MW of new renewable energy capacity across two projects in Gujarat and Maharashtra.

In the same month, Juniper Green Energy’s subsidiary, Juniper Green Sigma Eight, signed a power purchase agreement with TATA Power Company for a 70 MW firm-and-dispatchable renewable energy project.