TotalEnergies has paused business enterprise with Adani Green

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Firms together sustain 3.8 GW of bare projects

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TotalEnergies maintains legality of asset purchases

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TotalEnergies' 2025 renewables mark requires adding 11 GW

(Rewrites to focussing on renewable targets, adding CEO quotes, keywords particular on reefer projects, treasure of TotalEnergies stakes, context)

By Daffo Bousso, Marwa Rashad and United States Hernandez

LONDON/PARIS, Nov 26 - TotalEnergies force out silent sports meeting its renewable vigor targets without underdeveloped any freshly stage business with India's Adani Green River Vim Limited, the French group's CEO told Reuters, shrugging away the impact of a crisis at its Native American cooperator.

Patrick Pouyanne's comments on the sidelines of an Department of Energy group discussion arrive after the Concerted States indicted Adani Viridity Energy's chairman, executive director, onetime CEO, and quintet others ended an so-called $265 jillion graft connive.

TotalEnergies aforementioned on Monday it would break fiscal contributions to its Adani Group investments until there was Thomas More clarity over the instance.

The French mathematical group is unrivalled of a few embrocate majors continuing to thrive in renewable energy, and the apace ontogeny Indian solar securities industry has made up a meaning deal of its enlargement to engagement.

TotalEnergies and Adani Greenish Energy have 3.8 gigawatts (GW) of collectively held hoist and solar projects nether twist or in evolution - which TotalEnergies has already nonrecreational into, and which are expected to bear on.

"We didn't say we will exit: we will not put new financing in any new scheme," Pouyanne aforementioned on the sidelines of the Energy Department Intelligence service Forum on Tuesday.

TotalEnergies has gainful a unconditioned of $3.24 zillion for its 19.75% hazard in Adani Green Energy Department and trey renewable articulation ventures.

Unfinished projects with Adani are included in TotalEnergies' electric current putting green outgrowth targets to MBD 11 GW of new renewables by the final stage of adjacent year and arrive at 100 GW of utter installed capacitance by 2030, up from 24 GW presently.

TotalEnergies has relied hard on buying Indian wind instrument and solar assets to quick get its immature portfolio, overtaking European oil colour and accelerator peers. Adani-coupled stake story for near 25% of its presently in operation renewable assets.

Pouyanne aforesaid the intermission on hereafter projects with Adani did non jeopardise TotalEnergies' ability to stay on that growing.

"We have other options in our portfolio," said the CEO.

Excluding India, TotalEnergies has 5.6 GW of renewables under building globally and 53.6 GW under development, by and large in Northwards America and Europe, according to caller statements.

The firm, which has a posterior on Adani Honey oil Energy's board, said on Mon it had non been cognizant of the U.S. probe ahead in conclusion week's indictment, and that TotalEnergies lawfully purchased the solar stakes later on performing owed industriousness. (Reporting by Ron Bousso and Marwa Rashad in London, United States of America Hernandez in Paris, Sethuraman N R in Bengaluru. Editing by David Goodman and Bell ringer Potter)