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Adani Green completes JV with TotalEnergies, raises USD 300 million

December 27, 2023 Vinayak Barot

Ahmedabad, 27 December 2023: Adani Green Energy Limited (AGEL) today announced the completion of the 1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in AGEL subsidiary, for acquiring 50% stake in the projects. This follows the binding agreement about the JV announced between AGEL and TotalEnergies […]

Business

AGEL and TotalEnergies to expand partnership, TotalEnergies to invest USD 300m in an AGEL-TotalEnergies JV

September 20, 2023 Vinayak Barot

Ahmedabad, September 20, 2023 –Adani Green Energy Limited (AGEL) and TotalEnergies have entered into a binding agreement to create a new JV, equally owned by TotalEnergies and AGEL, with a 1,050 MW portfolio. This portfolio will comprise a mix of already operational (300 MW), under construction (500 MW) & under development assets (250 MW) with […]

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Business

Adani and TotalEnergies to create the world’s largest green hydrogen ecosystem

June 14, 2022 Vinayak Barot

Ahmedabad, 14 June 2022. Adani, India’s fastest-growing diversified business portfolio, and energy supermajor TotalEnergies of France, have entered into a new partnership to jointly create the world’s largest green hydrogen ecosystem. In this strategic alliance, TotalEnergies will acquire 25% minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL). The new partnership, centered […]