Juniper Green Raises Rs. 1,739 Cr Debt Financing From IREDA

Juniper Green Energy has secured Rs. ~1,739 cr in debt financing from the Indian Renewable Energy Development Agency Limited (IREDA). While sharing the details in a press release, the company said, “This funding will support the growth and development of Juniper Green Energy and its subsidiaries, enabling the execution of large-scale renewable projects and strengthening its operational capacity.” 

“This round of financing follows Juniper Green Energy’s successful USD 1 billion debt raise last year from financial institutions—including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and IREDA,” the company added.

Juniper's Current Capacity

Juniper Green Energy said in a media statement that it currently operates a total capacity of 1.45 GWp (as of June 27, 2025). It has recently commissioned the 103 MWp solar component of its hybrid plant in Karanja (about 16 months ahead of its scheduled commercial operation dates) and has also partially commissioned 25 MW of its 50 MW wind project in Gujarat, almost three months ahead of schedule. 

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.”

Previous Financing

Renewable energy developer Juniper Green Energy, earlier this year in February, secured US$1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA).

This funding was extended to support the growth and development of Juniper Green Energy and its subsidiaries, specifically for wind-solar hybrid and Firm & Dispatchable Renewable Energy (FDRE) projects.