Adani Green completes joint venture agreement with TotalEnergies Renewables
Adani Green Energy Ltd, on Wednesday, announced that it has completed a joint venture agreement with TotalEnergies Renewables Singapore Pte Limited where the latter has acquired a 50 per cent stake in Adani Renewable Energy Nine Limited for $300 million. ARE9L houses a 1,050 MW project portfolio.
The total comprises a mix of already operational (300 MW), under construction (500 MW) and under development assets (250 MW) with a blend of both solar and wind power projects in India.
TotalEnergies has also infused Rs 4,013 crore in Adani Green Energy Twenty-Three Limited.
