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Adani Green Energy signs deal for Total's investment of USD 510 mn in solar venture

Capital Market 

Adani Green Energy has entered into binding agreement with Total Gas & Power Business Services SAS (Total) for investment of USD 510 million for acquisition of 50% stake and other instruments in a joint venture company which will house 2,148 MWac operating solar projects presently owned 100% by the company.

The balance 50% stake in the joint venture shall be held by the company.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 14 2020. 09:49 IST