Adani Green Energy signs deal for Total\'s investment of USD 510 mn in solar venture

Adani Green Energy signs deal for Total's investment of USD 510 mn in solar venture

Capital Market 

Adani Green Energy has entered into binding agreement with Total Gas & Power Business Services SAS (Total) for investment of USD 510 million for acquisition of 50% stake and other instruments in a joint venture company which will house 2,148 MWac operating solar projects presently owned 100% by the company.

The balance 50% stake in the joint venture shall be held by the company.

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First Published: Fri, February 14 2020. 09:49 IST