TotalEnergies CEO explains why the company may sell its stake in Adani Green
TotalEnergies CEO Patrick Pouyanne said the French energy giant may sell a part of its Adani Green Energy stake. According to Bloomberg, TotalEnergies had acquired a 20% Adani Green stake in 2021 for $2 billion and still holds 19% stake. Calling Adani Green a "very good company", Pouyanne said TotalEnergies may sell the stake to capitalise on its rising valuation.