French energy major TotalEnergies and Partners Group are in advanced discussions to close the acquisition of VSB Group, according to a Bloomberg report. The deal values the renewable energy firm at $2.

French energy giant TotalEnergies said Monday it was halting new investment linked to Indian conglomerate Adani, after the indictment of its billionaire founder on US bribery charges, an announcement which saw Adani Green shares lose 7.

Adani Green Energy addressed concerns after TotalEnergies paused new investments following bribery charges against Adani Group's chairman. The company claims no financial impact from the halt. Adani Green shares dropped significantly,

TotalEnergies has paused new investments in the Adani Group following allegations of corruption against the Indian conglomerate.

TotalEnergies (NYSE:TTE) is close to acquiring VSB Group from P-E firm Partners Group Holding in a deal that values the German renewable project developer at ~€2B ($2.1B), with an announcement possible in the coming days,

French energy giant TotalEnergies has stopped investments in Adani Group following bribery charges against the Indian conglomerate's chairman. The move comes after U.S. authorities charged Adani's leadership with a $265 million bribery scheme to secure contracts.

By America Hernandez PARIS -French oil major TotalEnergies is close to acquiring renewable developer VSB Group from private equity firm Partners Group for about 2 billion euros ($2.10 billion), Bloomberg News reported on Tuesday.