TTE - TotalEnergies To Supercharge Energy Collaboration In India With $700M Boost To Adani Group: Report | Benzinga
TotalEnergies SE (NYSE: TTE) is reportedly in talks to invest in renewable energy projects developed by India-based Adani Green Energy Ltd.
The agreement will mark the first public deal between the companies, Bloomberg reported, citing people familiar with the matter.
Indian billionaire Gautam Adani owns Adani Green Energy.
The drive is likely to expand its portfolio of clean energy projects, the report added. The French group could invest about $700 million in total into the projects.
Yesterday, the company announced launching the development studies for a large oil project in Block 58,