ICICI Securities maintains 'Buy' for JSW Energy and revises target price.ICICI Securities believes JSE Energy's new assets are value accretive, but funding may require equity raising.JSW Energy's Q4 FY25 results show revenue at Rs 32 billion (+16% YoY), Ebitda at Rs 12 billion (+3% YoY), and PAT at Rs 4.1 billion (+16% YoY).Lower realisation in the short-term market impacts JSW Energy, but KSK Mahanadi aided Ebitda by Rs 2 billion in Q4 FY25.