Singapore-based AT Capital Group and Dutch commodities trader Vitol have expanded their investment in independent power producer Juniper Green Energy, injecting another $350 million into the company. This funding round follows its initial commitment of $200 million per month.
Headquartered in Delhi, Juniper Green Energy plans to use this significant investment to significantly expand its operational capacity, aiming to reach 2.5 GW by 2026, as stated in its official announcement.
Sanjay Bakliwal, Director, AT Capital Group, expressed his excitement over this partnership, saying, Their impressive pipeline of projects, combined with their proficiency in EPC and O&M services, aligns perfectly with our vision for a sustainable and greener future.
Mike Muller, Head of Vitol Asia, highlighted Vitols commitment to sustainable energy solutions on a global scale. He added: We are pleased to support Juniper Green Energys ambitions to deliver a growing portfolio of renewable energy at a time of growing energy demand.