TotalEnergies to offload 5% stake in Adani Green Energy
TotalEnergies is preparing to sell up to 5% stake in Adani Green Energy (AGEL), according to people familiar with the development.
The French energy major currently holds almost 19% in Adani Group’s renewable energy arm through two subsidiaries — 15.58% via TotalEnergies Renewables Indian Ocean Ltd and 3.41% through TotalEnergies Solar Wind Indian Ocean Ltd.
