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Company: TotalEnergies strengthens its ties with Adani Green

05/09/2024
Source : ORISHAS-FINANCE
Categories: Companies

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Le lundi 02 septembre 2024 TotalEnergies and Adani announced that they have taken a decisive step forward with the agreement of the Indian company's board of directors for this The project is valued at 444 million dollars (401.16 million euros

).

TotalEnergies TTEF.PA and Adani Green Energy ADNA.AS announced that they would form a new joint venture under an agreement valued at the time at $300 million, which would give the Paris-based oil and gas company “direct access to the ownership of assets” brought by Adani Green, including wind and solar farms in India, where most of the energy needs are still covered by coal. In a statement, Adani Green said that the parity joint venture will hold a portfolio of 1.15 GW of solar installations, both operational and under construction

.
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