BENGALURU -- French oil major TotalEnergies will invest $300 million in a 50-50 joint venture with Adani Green Energy to generate solar and wind power in India, its first deal with the group since a short-seller report alleging financial irregularities at the conglomerate led to a massive stock sell-off.
Adani Group
TotalEnergies invests $300m in green power JV with Adani Group
Project to generate 1,050 megawatts of solar and wind energy
TotalEnergies, a long-time investor in Adani Group companies, has committed another $300 million to start a joint venture with Adani Green Energy. (NIKKEI montage/Source photo by AP. Logo from Adani Green Energy Ltd's website)
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