Juniper Green Energy establishes two new renewable energy subsidiaries in India

Juniper Green Energy has established two new wholly owned subsidiaries named Juniper Green Cosmic Fifteen Private Limited and Kite Fifteen Private Limited. Sahi and scanx.trade both reported that the new corporate entities were created to support the firm's expansion in the renewable power sector. [1][2]

The two newly incorporated entities carry a combined equity capital subscription of 30 lakh Indian rupees, according to Sahi. Both corporate units will function as special purpose vehicles designed to develop, execute, and operate new renewable energy projects. [1]

The corporate expansion follows previous corporate developments by the company. As FTMQ Climate reported earlier, Juniper Green Energy established two other wholly owned subsidiaries, Juniper Green Field Fifteen Private Limited and Juniper Green Gem Fifteen Private Limited, on October 17, 2026, with an initial aggregate equity investment of 30 lakh Indian rupees. [10]

The company continues to expand its power assets across India. As FTMQ Climate reported earlier, the developer maintains an operational capacity of approximately 2,745 megawatts following the completion of a 150 megawatt wind-solar hybrid project, alongside a battery energy storage portfolio of 603 megawatt-hours. [10][11]