(Image Source: Juniper Green Energy)

Juniper Green Energy closed a ₹2,039 crore debt financing deal on January 6, 2026. The capital comes from NaBFID, HSBC, DBS, Barclays, and Aseem Infrastructure Finance. The company plans to use the money to build solar farms, wind farms, and hybrid projects across India. In August, Juniper had already raised ₹1,739 crore from IREDA. So in six months, the company has pulled in roughly ₹3,778 crore.

Who Put in How Much

NaBFID’s Wind Farm Bet

NaBFID put up ₹566 crore for a 90 MW wind farm in Gujarat called Kite. The construction is already underway. Juniper has had dealings with NaBFID before, along with other government lenders like PFC and IREDA.

HSBC’s First Hybrid Project

HSBC committed ₹408 crore to a 75 MW solar-wind hybrid farm in Maharashtra named Beam Eight. This is the first greenfield deal HSBC has done with Juniper, though HSBC has given the company loans and other banking services in the past.

DBS and Barclays Split ₹550 Crore

DBS Bank India and Barclays Bank each agreed to lend. DBS put in ₹300 crore. Barclays added ₹250 crore. The money is structured as medium-term debt lasting three years. Both banks will help fund capital costs for projects still being built. For Barclays, this is the start of a banking relationship with Juniper.

Aseem’s Second Deal With Juniper

Aseem Infrastructure Finance committed ₹515 crore in long-term debt. The money supports a 75 MW solar-wind hybrid farm in Maharashtra called ETA Five. Aseem has already financed one other Juniper project before.

Working Capital Lines

Juniper also got credit limits expanded at Federal Bank and Axis Bank. These are non-fund credit lines, meaning they provide flexibility for day-to-day operations and working capital needs.

What Juniper Actually Does

Size and Scope Today

Juniper Green Energy builds and operates renewable energy plants. The company works on solar, wind, and hybrid projects at utility scale. As of mid-2025, Juniper operates 1.45 GWp of capacity. When lenders are willing to put in this much money, it usually means they believe the company will finish projects and generate the cash to repay them.

Management Commentary

Parag Agrawal runs finance for Juniper. He said this financing round proves that lenders trust Juniper’s quality of assets and its project pipeline. He also noted that new lenders joined the round along with existing ones, which gives Juniper more financial breathing room to expand.

The Recent Money Trail

Back-to-Back Big Raises

August 2025 brought ₹1,739 crore from IREDA. January 2026 brought ₹2,039 crore from this consortium. Add them up and you get ₹3,778 crore in six months. That’s a lot of capital flowing into renewable energy in India.

The company had also tapped markets earlier and raised about $1 billion from Power Finance Corporation, DBS, HSBC, and IREDA combined.

IPO in the Works

Juniper Green Energy filed paperwork with SEBI for an IPO. The company wants to raise money from public markets to grow further. The debt rounds it just completed strengthen the balance sheet ahead of going public.

Why So Many Lenders Care Now

Renewables Are Normal Now

Multiple lenders jumping into this deal signals that renewable energy is no longer seen as a risky bet. These projects produce steady cash flows. Financial institutions including development banks, international banks, and specialized finance shops are all comfortable backing them. That variety matters because it shows no single type of lender is pushing renewables. The whole system believes in them.

Global Banks Walking In

HSBC, DBS, and Barclays are major international banks. Their participation alongside Indian lenders means clean energy is becoming a normal investment globally, not just an Indian story. These banks have options where to lend money worldwide. The fact they choose to fund Indian renewable projects says something about the sector’s fundamentals.