France's TotalEnergies to invest $300m to form JV with Adani Green Energy

France's TotalEnergies to invest $300m to form JV with Adani Green Energy

FILE PHOTO: The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave

French oil major TotalEnergies will invest $300 million to form a joint venture with Adani Green Energy to build renewable capacity in India, the two companies’ first deal since India’s Adani Group was involved in an alleged tax fraud scandal.