Adani, TotalEnergies

TotalEnergies suspends Adani Green investment, awaiting clarity on bribery case, says CEO
By Ron Bousso and Marwa Rashad LONDON - TotalEnergies will pause investment in its Adani Green energy project until there is further clarity on a U.S. bribery case against Indian billionaire Gautam Adani,
TotalEnergies Pauses Business With Adani, Says It Was Not Aware of US Investigation
PARIS (Reuters) - French oil major TotalEnergies SE was not informed of a U.S. investigation into possible bribery and corruption at Adani Green Energy Limited, it said on Monday, adding it will stop financial contributions to its Adani Group investments following last week's indictment.
TotalEnergies halts new financial contributions to Adani Group
French-based TotalEnergies has announced a suspension of new financial contributions to the Adani Group of companies following the indictment of certain Adani Group’s executives by US authorities. The indictment is linked to an alleged corruption scheme associated with Adani Green Energy Limited (AGEL).
TotalEnergies Pauses Investing in Adani as US Probes Execs over Bribery
TotalEnergies said it will not make any new investment in Adani until bribery charges in the U.S. against some executives of the Indian diversified conglomerate are settled.
TotalEnergies pauses business with Adani, whistleblower Nelson Amenya says, ‘When it rains, it pours…’
French oil major TotalEnergies SE said was unaware of a U.S. investigation into bribery allegations against Adani Green Energy and that it will halt financial contributions to Adani Group until the accusations are clarified.
Adani Bribery Fallout: Cancellations and Dropped Investments
Internationally, the crisis has led to significant setbacks for Adani’s global operations. Kenyan President William Ruto recently canceled a procurement process that was set to award control of Kenya’s main airport to Adani, while a committee in Bangladesh has called for a thorough legal review of Adani’s power generation contracts in the country.
Adani Green plunges 11% after TotalEnergies says it will make no new financial contribution to Adani Group investments
Shares of Adani Green Energy plunged 11.3% on Monday after TotalEnergies SE said it would not make any new financial contributions as part of its investments into the Adani group of companies amid a U.
TotalEnergies Suspends Financial Ties With Adani Group Amid US Investigation
TotalEnergies shares down as Adani Group executives indicted for corruption, but TTE not implicated and halts new contributions.
TotalEnergies' Statement on its Investments Related to Adani Group in India
TotalEnergies, which is not targeted nor involved in the facts described by such indictment, will take all relevant actions to protect its interests as minority (19.75%) shareholder of AGEL and as a joint-venture partner (50%) in project companies with AGEL.
Adani Green Stands Firm Amid TotalEnergies Investment Halt
Adani Green Energy addressed concerns after TotalEnergies paused new investments following bribery charges against Adani Group's chairman. The company claims no financial impact from the halt. Adani Green shares dropped significantly,
TotalEnergies pauses investments in India's Adani Group after bribery charges
French oil major TotalEnergies halted on Monday investments into Adani Group, after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged multi-million-dollar bribery scheme.
Adani Green Energy says no talks on new financial commitment with TotalEnergies
Adani Green Energy said on Tuesday there is no new financial commitment under discussion with TotalEnergies , a day after the ...
energy.economictimes.indiatimes19h
Adani Green issues clarification on TotalEnergies’ statement; says no material impact on growth plan
Adani Green Energy (AGEL) on Tuesday issued an official clarification in connection with TotalEnergies’ statement on its ...