Archive · 30 Sep 2025
TotalEnergies Exits Adani Green Stake, Cuts Spending
TotalEnergies, a large energy company, is planning to sell its stake in Adani Green Energy.
They will concentrate their renewable energy investments in the United States, Europe, and Brazil.
They also plan to cut spending and save $7.5 billion.
This move is due to rising debt and aims to focus on key markets while reducing overall spending.
Additionally, the company is selling assets and shifting its investment focus.
They will no longer expand their green portfolio with Adani.
They are also looking at investing in gas-fired power plants.
TotalEnergies plans to sell its renewable power holdings outside the US, Brazil, and Europe.
The company will also exit its holdings in India.
TotalEnergies plans to cut annual capital spending by $1 billion from 2027.
The stake in Adani Green was bought for $2 billion and is now worth nearly $8 billion.
Net debt has more than doubled, pushing the gearing ratio to 18%.
- Who
- TotalEnergies
- What
- Plans to sell its stake in Adani Green Energy, reduce capital spending and focus investments on select regions.
- When
- Reported on Monday
- Where
- Focusing on US, Europe, and Brazil
- Why
- To focus on profitable growth, cut debt, and save funds.
TotalEnergies' Financial Position
Future Growth
Debt Management
TotalEnergies' Financial Position
Debt has doubled; the company must sell assets and reduce spending to improve its balance sheet
Future Growth
Company is comfortable with a net debt level under 20%
- Company
- TotalEnergies
- Adani Green Stake
- To be sold
- Renewable Focus
- US, Europe, Brazil
- Capex Reduction
- $1 billion annually from 2027
- Savings Program
- $7.5 billion total
- Adani Stake Value
- ~$8 billion
- Debt to Equity Ratio
- 18%
