India: Total strengthens its partnership with Adani in renewable energies

Paris, 15 October 2020 – In April 2020, Total and AGEL, a renewable energy subsidiary ofthe Adani Group, formed a JV to which AGEL contributed a portfolio of 2.1 GW of solar powerplants. As part of an option provided for in the initial contract for the formation of the JV, Total
and AGEL agreed to extend this portfolio from 2.1 to 2.3 GW with the addition of new solarfarms.

" With an ambitious target of 175 GW of installed capacity by 2022, India is a strong growtharea for renewable energy. Since last year, the Group has strengthened its commitment inIndia with around 5 GW of solar projects in the country, in line with its ambition to become aworld leader in renewable energies. We are very pleased to further expand our partnershipwith the Adani Group," said Patrick Pouyanné, Chairman and CEO of Total.

This transaction is in line with the Group’s objective of double-digit return on equity for renewable projects.

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About Adani Green Energy Limited
Adani Green Energy Limited (AGEL), a part of the Adani Group, has 14 GW of operating, under-construction and awarded renewable power projects catering to investment-grade counterparties. AGEL has been ranked as the #1 global solar power generation asset owner by Mercom Capital. The company aims to achieve 25 GW of renewable power by 2025 and is committed to contribute to India’s COP21 goals.

About Total
Total is a broad energy company that produces and markets fuels, natural gas and electricity. Our 100,000 employees are committed to better energy that is more affordable, more reliable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.

Total Contacts
Media Relations: +33 1 47 44 46 99 l [email protected] l @TotalPress
Investor Relations: +44 (0)207 719 7962 l [email protected]