Media & Events
Shardul Amarchand Mangaldas advises National Bank for financing infrastructure and development on ₹566.30 crore financing of Juniper Green Kite’s 90 MW Wind Power Project
February 12, 2026
Shardul Amarchand Mangaldas & Co. acted as legal counsel to the National Bank for Financing Infrastructure and Development in connection with the financing of a 90 MW onshore wind power project implemented by Juniper Green Kite Private Limited in Gujarat.
The transaction involved a senior secured project financing comprising a ₹533 crore rupee term loan, along with an LC sub-limit of ₹125 crore and a separate bank guarantee facility of ₹33.30 crore, to part-finance an estimated project cost of ₹692.57 crore. The project has long-term offtake secured under a power purchase agreement and is sponsored by Juniper Green Energy Limited, with Juniper Renewable Holdings Pte. Ltd., Singapore as the promoter.
The financing supports the development of utility-scale wind energy infrastructure in India and contributes to the expansion of renewable energy capacity aligned with the country’s clean energy and sustainability goals.