TotalEnergies doesn't sign the contract

TotalEnergies (TTE) has not yet signed a contract extension with an Indian billionaire Adani, to the production of green hydrogen. The French company announced it on Wednesday.

TotalEnergies said they are waiting for the result of an audit, alleged with possible financial irregularities.

The Adani group has Problems with money lately, which they have to Deal with now. The owner, Adani, has lost almost half of his wealth in short time.

Adani is still worth twice as much as TotalEnergies invested, but it will have to wait if the investment Pais off.