Total eyeing 50:50 JV with Adani Green

France’s TotalEnergies is close to investing about $300 million in a new joint venture company with Adani Green Energy that will house around 1 GW of renewable energy projects, said people in the know.

It will be an equally owned joint venture between the two companies and will hold a mix of solar and wind power assets, the people said. The assets will comprise 250 MW of operational capacity, 500 MW of under-construction facilities and 250 MW of planned projects.

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