Adani Green says it's not looking for fresh funds from investor Total

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Times of India 7h ago

Adani Green says it's not looking for fresh funds from investor Total - Times of India

Quick Summary:

Adani Green Energy stated it isn't seeking new funds from TotalEnergies after the French company paused further investments due to corruption allegations against Adani executives.

TotalEnergies, a significant stakeholder in Adani Green, clarified its stance following a US indictment, emphasizing its commitment to ethical practices and awaiting clarification on the accusations.

Following the US indictment, Adani Green scrapped its planned $600-million foreign bond offering.