France's TotalEnergies is near to an investment of $300 million in a new joint venture company with Adani Green Energy. The investment will house around 1 GW of renewable energy projects.
The joint venture will be equally owned by the two companies and will hold a mix of solar and wind power assets. The assets will comprise 250 MW of operational capacity, 500 MW of under-construction facilities and 250 MW of planned projects, people aware of the matter told ET.