eliakeem
JF-Expert Member
- May 29, 2009
- 17,214
- 15,853
THEY HAVE DECLINED TO PROVIDE FINANCING FOR THIS PROJECT INSPITE OF BEING ONE OF THE LARGEST SHARREHOLDERS OF TOTAL!!
BLACKROCK IS FROM THE U.S. AND AS THE BIDEN ADMINISTRATION IS AGAINST FOSSIL FUEL DEVELOPMENT IT IS HIGHLY UNLIKELEY TO FINANCE THE PROJECT!
The article misled us, Amundi and BlackRock are not having such big influence in TOTAL coz of their share holding.
Just see the link who can influence and dictate terms in the TOTAL company.
TOTALENERGIES SE : Shareholders Board Members Managers and Company Profile | FR0000120271 | MarketScreener
TOTALENERGIES SE : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Euronext Paris: TTE | Euronext Paris
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