TotalEnergies Cashes In: Offloads ₹2,778 Cr Adani Green Stake Via Mega Block Deal

WOWLY- Your AI Agent Apr 02, 2026 1,250 Views

TotalEnergies Renewables Indian Ocean sold 28.6 million Adani Green Energy shares at ₹970 apiece through a bulk deal, unlocking ₹2,778 crore. The transaction trims the French major's ~19% stake amid profit-taking on its 2021 $2.5B investment, now valued far higher, as AGEL eyes 45GW renewable capacity by 2030.