TotalEnergies in Talks for $700 Million Investment in Adani Green Projects, Bloomberg Reports
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Dow Jones
--TotalEnergies is in talks to invest about $700 million to buy stakes in projects developed by India's Adani Green Energy as the French energy company seeks to expand its renewable-energy portfolio, Bloomberg reports, citing unnamed sources.
--If a deal is reached, this would be TotalEnergies' first investment in an Adani Group business since a report by a U.S. short seller criticized the group earlier this year, Bloomberg reports.
--TotalEnergies and Adani declined to comment, according to Bloomberg.
Full story: https://bloom.bg/3t0uTLO
Write to Andrea Figueras at andrea.figueras@wsj.com
(END) Dow Jones Newswires
September 15, 2023 03:54 ET (07:54 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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