TotalEnergies to exit Adani Green stake, trims capex as debt surges:Report

TotalEnergies plans to sell all its renewable power holdings outside the United States, Brazil and Europe, company executives said on Monday, as per a report by Reuters. According to the report, the French oil major will also exit India, where around 25% of its operational renewable portfolio comes from joint ventures with the Adani Group and a direct stake in Adani Green Energy.