TotalEnergies Sells 1.7% Stake in Adani Green Energy, Raises $2.08 Billion

• French energy giant TotalEnergies announced the sale of a 1.7% stake in Adani Green Energy Ltd during Q4 2025.
• The divestment was part of a broader strategy that raised USD 2.08 billion from various asset sales in October-December 2025.
• TotalEnergies Renewables Indian Ocean sold 28.6 million equity shares of Adani Green Energy for 27.78 billion rupees via block deals on December 10.
• The transaction price was 970 rupees per share, reducing TotalEnergies' holding in Adani Green Energy from 18.99% to 17.25%.
• TotalEnergies had initially acquired a minority interest in Adani Green Energy in January 2021 and holds stakes through affiliates.