New Delhi, September 17^th, 2026: Juniper Green Energy Limited, one of India’s leading renewable energy companies, has received a significant upgrade in its credit ratings from ICRA Limited, with its long-term rating upgraded to [ICRA]AA- (Stable) from [ICRA]A+ (Positive) and its short-term rating upgraded to [ICRA]A1+ from [ICRA]A1.

The upgrade marks a significant strengthening of Juniper Green Energy’s credit profile and provides independent validation of the company’s financial resilience, expanding scale, execution track record and ability to deliver long-term growth in India’s rapidly evolving renewable energy sector.

ICRA’s rating action comes as Juniper Green Energy continues to build a large-scale, diversified renewable energy platform across solar, wind, hybrid, firm and dispatchable renewable energy (FDRE) and battery energy storage systems (BESS). The company has consistently demonstrated its ability to translate its contracted portfolio into operating assets through disciplined execution, while simultaneously expanding its development pipeline and strengthening its presence across India’s clean energy landscape.

Commenting on the rating upgrade, Parag Agrawal, Whole-time Director & CFO, Juniper Green Energy Limited, said:

“The upgrade of Juniper Green Energy’s credit rating to [ICRA]AA- (Stable), along with the upgrade of our short-term rating to [ICRA]A1+, is a significant milestone for the Company. This reinforces the strength of our business model and the foundation we have built for long-term growth. Our growth has been anchored in disciplined capital deployment, strong project execution and a portfolio designed for the evolving needs of India’s power sector. As we scale our renewable energy platform and increasingly integrate solar, wind and battery storage, this stronger credit profile positions us well to pursue the next phase of growth with greater financial flexibility and confidence.

The upgraded rating is expected to further strengthen Juniper Green Energy’s ability to access capital efficiently, deepen relationships with financial institutions and support the next phase of its ambitious growth strategy. As renewable energy projects become increasingly capital-intensive and technologically sophisticated, a stronger credit profile provides an important strategic advantage in scaling investments across generation, storage and integrated clean energy solutions.

With a growing portfolio of operating and contracted assets, a strong execution track record and expanding capabilities across next-generation renewable energy solutions, Juniper Green Energy is well positioned to capitalize on the structural growth opportunity presented by India’s transition towards a more sustainable, secure and reliable power system.

About Juniper Green Energy Limited

Juniper Green Energy Limited is an independent renewable energy power producer in India, focused on the development, construction, and operation of utility-scale solar, wind, hybrid, and Firm & Dispatchable Renewable Energy projects. The Company has been developing renewable energy assets across India since October 2018 and has built integrated capabilities spanning the entire project lifecycle, from project conceptualisation and development to construction and operations. Juniper Green Energy Limited has an operational capacity of approximately 2.69 GWp and 503 MWh BESS and a total portfolio of more than 11 GWp and 8.9 GWh BESS, where the total portfolio includes operational, under-construction, contracted and awarded projects. The Company is committed to delivering reliable and sustainable clean energy solutions that support India’s transition to a low-carbon economy.