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TotalEnergies to Invest $444 Million in New JV with Adani Green.

Authors :
de Beaupuy, Francois
Source :
Bloomberg.com; 9/2/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

TotalEnergies SE, a French energy company, will invest $444 million in a new joint venture with Adani Green Energy Ltd. to develop solar projects in India. The joint venture will have a 50% stake from TotalEnergies and the other half from Adani Green. This investment will increase TotalEnergies' presence in India's growing energy market and allow Adani Green to develop new renewable projects. The joint venture will include a portfolio of 1,150-megawatt solar projects. Last year, TotalEnergies invested $300 million in a joint venture with Adani Green for wind and solar assets in India. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
179392002