Debt financing
Juniper Green Energy raises $1-B from PFC, DBS Bank, others
Gurugram-based renewable energy producer Juniper Green Energy has raised USD 1 Billion in phased debt financing from leading financial institutions including Power Finance Corporation Ltd, DBS Bank, HSBC Bank and Indian Renewable Energy Development Agency Ltd.The new funds will support the growth of Juniper Green Energy and its subsidiaries, for wind-solar hybrid and Firm & Dispatchable Renewable Energy (FDRE) projects and to execute large-scale renewable projects and strengthen its operational capacity.Juniper produces independent renewable energy power and operates wind and hybrid power projects and has an operational portfolio of about 1GW with an under-construction capacity of 2GW and a development pipeline of more than 5GW of solar, wind and hybrid projects.
In Sep 2023, Juniper Green Energy had raised about USD 150 M from the Singapore-based family office AT Capital Group and Europe-headquartered oil trading company Vitol.
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