Adani Green Energy Ltd.
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About
Adani Green Energy Ltd. (AGEL), a part of the Adani Group, has 14.6 GW of operating, under-construction and awarded renewable power projects catering to investment-grade counterparties. AGEL has been ranked as the number one global solar power generation asset owner by Mercom Capital. The company aims to achieve 25 GW of renewable power by 2025 and is committed to contribute to India’s COP21 goals.
Editor's note: Updated Jan. 19, 2021.
Transactions
Total to Buy $2.5 Billion Stake in Adani Green Energy
Total to Buy $2.5 Billion Stake in Adani Green Energy
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News
Total Close to $2.1B Acquisition of Germany’s VSB—Report
TotalEnergies is close to acquiring vertically-integrated renewable developer VSB Group from private equity firm Partners Group for about 2 billion euros, Bloomberg News reported.
TotalEnergies Pauses Business with Adani, Says it was Not Aware of US Investigation
French oil major TotalEnergies SE was not informed of a U.S. investigation into possible bribery and corruption at Adani Green Energy Ltd., it said on Nov. 25, adding it will stop financial contributions to its Adani Group investments following last week's indictment.
TotalEnergies Has Not Signed Contract on New Adani Hydrogen Venture: CEO
Last year, TotalEnergies and Adani Green Energy announced a proposed contract to extend their partnership to advance the production of green hydrogen.
India's Adani Green Q3 Profit More Than Doubles on Robust Power Demand
Rising demand for electric vehicles and appliances, mainly from urban households, contributed to Adani Green profits.
Indian Energy Firms Join Hands to Develop Carbon Market
Indian Prime Minister Narendra Modi wants the country to cut emissions by 60 million tonnes per year by 2030 while serving the world as an industrial powerhouse.