"These investments being accounted for under the equity method, TotalEnergies has not performed any re-evaluation in its accounts of its stakes in the listed entities ATGL and AGEL," Total said in a statement.
Its investments were undertaken in compliance with Indian laws and its own governance process, TotalEnergies said. "This represents just 0.1% of the $35.1 billion of net income that we expect TotalEnergies to 2022," Clint wrote in an investment note earlier this week.
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