TotalEnergies may trim stake in Adani Green to cash in on valuation jump
By Francois de Beaupuy NEW DELHI: TotalEnergies SE said it could sell a small part of its 20% stake in Adani Green Energy Ltd. to cash in on the jump in the valuation of the Indian renewable energy producer. The French energy giant bought 20% of Adani Green in 2021 for $2 billion, building on […]
Adani Green buys SB Energy from Softbank and Bharti; firm valued at $3.5 billion
NEW DELHI: Adani Green Energy Ltd. (AGEL) said on Wednesday it is acquiring SB Energy India from Softbank of Japan and India’s Bharti Group to add 4,954 MW in its renewable power portfolio. The deal is biggest acquisition in India’s renewable power sector. The transaction values SB Energy India at an enterprise valuation of approximately […]
Adani Green commissions 25 MW solar plant in Uttar Pradesh’s Chitrakoot
NEW DELHI: Adani Green Energy Ltd (AGEL) on Monday said it hascommissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh. Adani Solar Energy Chitrakoot One Ltd, a step-down subsidiary of AGEL, has commissioned the solar power plant, a company statement said. This plant has a power purchase agreement with Noida Power Company Ltd […]