Mumbai/Bengaluru, Feb. 27 -- Norway's sovereign wealth fund, the world's largest managing assets over $2.2 trillion, has decided not to invest in Adani Green Energy Ltd, citing corruption and financial crime allegations against the company.

The Government Pension Fund Global held 0.23% of Adani Green Energy as of 26 August 2025, worth $43.9 million at the time, when it last voted on the company's shareholder resolutions. Norges Bank, which manages the sovereign wealth fund, did not comment on whether it has divested its stake since.

The decision was made public on Thursday on its website when it added Adani Green to its exclusion list, making it the second group firm to feature among over 200 companies that do not align with the Norwegi...