Total pauses business with Adani Group following U.S. indictment

French energy company says it 'was not made aware of' investigation

20241125 TotalEnergies

"Until such time when the accusations against the Adani Group individuals and their consequences have been clarified, TotalEnergies will not make any new financial contribution," the French company said in a statement. © Reuters

PARIS (Reuters) -- French oil major TotalEnergies was not informed of a U.S. investigation into possible bribery and corruption at Adani Green Energy, it said Monday, adding it will stop financial contributions to investments with Adani Group companies following last week's U.S. federal indictment.

"Until such time when the accusations against the Adani Group individuals and their consequences have been clarified, TotalEnergies will not make any new financial contribution as part of its investments in the Adani Group of companies," the company said in a statement.

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