Renewable energy firm Juniper Green Energy eyes IPO – EQ

In Short – Renewable energy firm Juniper Green Energy sets sights on IPO, capitalizing on surging demand for sustainable investment opportunities. The move reflects confidence in the market’s appetite for clean energy ventures and signals potential growth opportunities in the renewable sector.

In Details – As of February, the company had an operational portfolio of about 1 GW with an under-construction capacity of over 500 MW and a development pipeline of more than 5 GW of solar, wind and hybrid projects. Delhi-based renewable energy company Juniper Green Energy has initiated talks with investment banks to evaluate an initial public offering (IPO), which could see the company raise as much as $200-250 million or more.

Juniper Green Energy is an independent renewable energy power producer and operator of solar, wind and hybrid power projects. The company is part of the AT Group which has an asset portfolio worth approximately $2.5 billion with global investments in renewable energy, residential & commercial real estate, hospitality etc. The Group has been building utility scale renewable energy projects in India since 2010 and built and owned Orange Renewable, a 1GW renewable energy platform, which it sold to Greenko Group in 2018.