Today news
About the same in other media
TotalEnergies to invest $300 million in JV with Adani Green Energy
Reading now: 101
French oil major TotalEnergies will invest $300 million to form a joint venture (JV) with Adani Green Energy on a project related to renewable energy, according to an exchange filing on Wednesday. The JV will have a capacity to generate 1,050 megawatts of power from solar and wind power.
TotalEnergies already owns about 20% of Adani Green. This is its first big investment with the Indian company since January, when U.S.
short seller Hindenburg Research alleged improper dealings and use of tax havens by Adani Group, which the group has denied. Adani Green will contribute assets to the joint venture, it said in a statement, adding that the JV will help in achieving the company's target of having 45 GW of renewable energy capacity by 2030.
Read more on livemint.comAbout this in other media
Krypton Solutions likely to invest $100 million in Mysuru, Chamarajanagar economictimes.indiatimes.com /1 year ago
Stocks to Watch: Sun Pharma, Adani Green, Emami, Uno Minda, NLC India livemint.com /1 year ago
Abu Dhabi's IHC to dispose investment in Adani Green Energy and Adani Transmission economictimes.indiatimes.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
