TotalEnergies SE’s $3.1 Billion Investment in Adani Group is Healthy, Green Hydrogen Plans on Hold Pending Audit Results

TotalEnergies SE’s $3.1 Billion Investment in Adani Group is Healthy, Green Hydrogen Plans on Hold Pending Audit Results

TotalEnergies SE has announced that their $3.1 billion investment in the gas and renewable energy units of Indian conglomerate Adani Group is healthy, but their plan to partner with Adani to produce green hydrogen is on hold until the results of audits are revealed. The company conducted due diligence before and after investing in the Adani companies, and their shares have increased since Total invested in them.

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Picture source: Terry Vlisidis


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