Corporate News     20-Sep-23
Adani Green Energy and TotalEnergies form 50:50 JV
To manage and develop 1050 MW of renewable energy portfolio
Adani Green Energy (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 a blend of both solar & wind power.

AGEL will contribute to the JV the assets and TotalEnergies an equity investment of 300 MUS$ which will further support their development.

Thanks to this new transaction, TotalEnergies will reinforce its strategic alliance with AGEL and support the company in becoming the Indian leader of renewable energy, with a target of 45 GW renewable power capacity by 2030.

Previous News
  Adani Green Energy commissions 775 MW of solar power projects in Gujarat
 ( Corporate News - 29-Mar-24   13:41 )
  Adani Green Energy announces incorporation of two step-down subsidiaries
 ( Corporate News - 14-Dec-23   09:21 )
  Adani Green Energy Ltd spurts 1.11%, up for five straight sessions
 ( Hot Pursuit - 08-Nov-23   13:00 )
  Adani Green Energy extends its construction financing framework to USD 3 bn
 ( Corporate News - 05-Dec-23   09:26 )
  Adani Green Energy operationalizes 1,000 MW solar capacity at Khavda, Gujarat
 ( Corporate News - 11-Mar-24   10:41 )
  Adani Green Energy Ltd soars 2.71%, rises for third straight session
 ( Hot Pursuit - 10-Jan-24   13:05 )
  Adani Green Energy Ltd Falls 6.33%
 ( Hot Pursuit - 07-Aug-23   09:45 )
  Adani Green Energy completes funding of USD 750 mn Holdco Notes due Sep'24
 ( Corporate News - 29-Jan-24   09:45 )
  Adani Green solar energy sales rises 11% YoY in Q2
 ( Hot Pursuit - 16-Oct-23   12:11 )
  Volumes spurt at Adani Green Energy Ltd counter
 ( Hot Pursuit - 07-Aug-23   11:00 )
  Adani Green Energy Ltd spurts 4.99%, gains for fifth straight session
 ( Hot Pursuit - 06-Mar-23   13:00 )
Other Stories
  Tinna Trade raises Rs 49 cr to fund its growth plans
  06-Jul-24   11:10
  Integra Essentia announces merger with G G Engineering
  06-Jul-24   11:05
  Ugro Capital to raise Rs 75 cr via NCD issuance
  06-Jul-24   10:58
  Board of D.P. Abhushan approves preferential allotment of shares and warrants
  06-Jul-24   10:50
  Life Insurance Corporation of India invest Rs 14 cr in Sri Lankan subsidiary
  06-Jul-24   10:49
  High Energy Batteries (India) to discuss results
  06-Jul-24   10:29
  Havells India schedules board meeting
  06-Jul-24   10:29
  Axis Bank announces board meeting date
  06-Jul-24   10:29
  Mastek to conduct board meeting
  06-Jul-24   10:29
  Oriental Hotels to conduct board meeting
  06-Jul-24   10:29
Back Top