Adani Green Raises $300 Million From Joint Venture With TotalEnergies
NDTV
TotalEnergies has invested $300 million in the Adani Green Energies Limited (AGEL) subsidiary for acquiring 50% stake in the projects.
Adani Green has raised $300 million as it completed its joint venture project involving a 1,050 MW renewable portfolio with French energy major TotalEnergies, the company said in a statement on Wednesday.
TotalEnergies has invested $300 million in the Adani Green Energies Limited (AGEL) subsidiary for acquiring 50% stake in the projects.
The transaction will help Adani Green achieve its target of 45 GW capacity by 2030, the company said.
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