{"id":554448,"date":"2023-02-10T09:25:40","date_gmt":"2023-02-10T03:55:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=554448"},"modified":"2023-02-10T10:13:56","modified_gmt":"2023-02-10T04:43:56","slug":"divested-entire-stake-in-adani-group-norway-sovereign-wealth-fund","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/divested-entire-stake-in-adani-group-norway-sovereign-wealth-fund\/","title":{"rendered":"Divested entire stake in Adani group: Norway sovereign wealth fund"},"content":{"rendered":"<p>Norway\u2019s sovereign wealth fund has sold its stakes in three Adani Group companies worth just over $200 million since the start of the year, the world&#8217;s largest stock investor said on Thursday.<\/p>\n<p>The $1.35-trillion fund at the end of 2022 held stakes in Adani Total Gas, Adani Ports &amp; Special Economic Zone and Adani Green Energy.<\/p>\n<p>&#8220;Since year-end, we have further reduced in Adani companies. We have no exposure left,&#8221; Christopher Wright, the fund&#8217;s head of ESG risk monitoring, told a news conference.<\/p>\n<p>&#8220;We have monitored Adani for many years (on ESG) issues, many on their handling of environmental risks,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Norway\u2019s sovereign wealth fund has sold its stakes in three Adani Group companies worth just over $200 million since the start of the year, the world&#8217;s largest stock investor said on Thursday. The $1.35-trillion fund at the end of 2022 held stakes in Adani Total Gas, Adani Ports &amp; Special Economic Zone and Adani Green Energy. &#8220;Since year-end, we have further reduced in Adani companies. We have no exposure left,&#8221; Christopher Wright, the fund&#8217;s head of ESG risk monitoring, told a news conference. &#8220;We have monitored Adani for many years (on ESG) issues, many on their handling of environmental risks,&#8221; [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-554448","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/554448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=554448"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/554448\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=554448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=554448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=554448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}