TotalEnergies Halts Investment to India's Adani Amid US Bribery Probes

TotalEnergies, which is a partner of India’s Adani group in renewable energy projects, will not make any new financial contribution as part of its investments in the group of companies until the ongoing U.S. investigations into Adani executives for corruption are clarified, the French supermajor said on Monday. Last week, the U.S.

The SEC, for its part, charged Gautam Adani and Sagar Adani, executives of Adani Green Energy Ltd, and Cyril Cabanes, an executive of Azure Power Global Ltd, for conduct arising out of a massive bribery scheme. TotalEnergies, which is not targeted nor involved in the facts described by the charges and indictment, is a minority shareholder with 19.75% in Adani Green Energy Limited AGEL. The French oil and gas giant is also a joint-venture partner in project companies with AGEL.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

French oil major TotalEnergies suspends fresh investment in Adani joint venturesIndian conglomerate releases report on operations after US indictment of founder Gautam Adani for alleged bribery
출처: ftenergy - 🏆 47. / 63 더 많은 것을 읽으십시오 »

India's Adani Group Plans $10B Investment in American EnergyGautam Adani, founder and chairman of Indian industrial conglomerate Adani Group, said in a social media post platform X on Wednesday that the company will invest $10 billion in energy and infrastructure projects in the United States.
출처: OilandEnergy - 🏆 34. / 68 더 많은 것을 읽으십시오 »