Adani Enterprises, a leading Adani Group company, is in talks with at least half a dozen private and energy pension funds worldwide, such as Abu Dhabi Investment Authority (ADIA), Qatar Investment Authority (QIA), BNP. Paribas arm and TotalEnergies SE, to raise up to $ 2 billion in stock sales. The proposed fundraising is part of Adani Group’s broader plan to make Adani Enterprises a ‘sustainable’ power base while eliminating carbon from the transport and industrial sectors and helping to achieve India’s green goals. Other potential investors include the international infra-operated SNAM, Ontario Teachers’ Pension Plan and Apollo Global, two major investment sources said. For more such updates follow us on Google News Enterprisetalk News.
Source: Economic Times October 28, 2021 14:51 UTC