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Adani alliance in joint venture to develop 1 GW wind and solar pipeline in India, expanding energy portfolio.
TotalEnergies and the Indian company Adani Green Energy have entered into a partnership to form a joint venture. The French company invested US$300 million in the deal, acquiring a half stake in a 1.050 MW portfolio of development assets. These assets include sites already operational (300 MW), under construction (500 MW) and under development (250 MW) with a mix of solar and wind energy projects in India. With this transaction, TotalEnergies reinforced its strategic alliance with AGEL and its support in enabling AGEL's target of 45 GW of capacity by 2030.
TotalEnergies made a significant investment in the joint venture with Adani Green Energy, thus strengthening its presence in the renewable energy market. This partnership represents an important step in the development of solar and wind energy projects in India, contributing to the target of 45 GW of capacity by 2030. With this agreement, TotalEnergies demonstrates its commitment to supporting AGEL's growth and expansion in the renewable energy sector, further strengthening its position in the market.
Total blockages reach new level
A Adani alliance and j reached a new milestone of participation in blockages, reinforcing your Portfolio de development assets. transaction Intelligence highlighted the company's investment in solar energy e wind power in India, expanding its capacity target. Total lockdowns reached record levels, confirming the success of the covenant between companies.
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New investments boost total blockages
With fresh capital infusions, the Adani alliance and joint venture have strengthened their position in the lockdown market, consolidating their presence in development assets. Investment in solar energy and wind energy in India demonstrates companies' commitment to sustainable growth and expanding their participation in the sector.
Adani alliance and joint venture expand their blocking portfolio
The recent strategic transaction has resulted in the inclusion of new development assets in the portfolio of the Adani alliance and joint venture, driving total locks to unprecedented levels. The success of this partnership highlights the companies' focus on achieving their capacity targets and strengthening their presence in the solar energy and wind energy market in India.
