BENGALURU, March 19 (Reuters) - India's Adani Green
Energy said on Tuesday it is aware of a U.S.
investigation into potential violations of anti-corruption laws
by a "third party", but denied any relationship with the entity.
Adani's comment comes days after Bloomberg News reported
that U.S. investigators were probing whether an Adani entity or
individuals linked to the company, including founder Gautam
Adani, were involved in paying officials in India for favourable
treatment on an energy project.
In a statement filed with exchanges, Adani Green said it has
no relationship with the third party and is "thus unable to
comment" on the scope of the U.S investigation into the alleged
dealings.
It also said it had not received any notice from the U.S.
Department of Justice in respect of the allegations in the
report.
Adani did not reply to Reuters' request for additional
details on the third party.
The Bloomberg report said the United States was also looking
at Indian renewable energy company Azure Power Global. Azure
Power Global also did not respond to Reuters' request for
comment.
In separate statements, Adani Wilmar, Adani
Enterprises, Adani Ports, Adani Power
and Adani Energy Solutions said the report
was "false".
In a note, JP Morgan analysts stood pat on their
recommendations on the Adani Group, saying it would likely face
limited financial or fundamental impact from the investigation.
Shares of Adani Green closed 2.6% lower in a broadly weak
domestic equity market.
(Reporting by Chris Thomas and Varun Vyas in Bengaluru; Editing
by Varun H K)