Wind farm turbines on the water


India & Adani

CEF in the media  |  Feb 17, 2023

The Adani Group and India’s Foreign Policy

South Asian Voices

A feature on Adani’s international investments and their intersections with India’s foreign policy from Washington based think tank the Stimson Centre quotes Tim Buckley’s commentary from Washington Post. Read more
CEF in the media  |  Feb 16, 2023

Could trouble for Adani trip up Narendra Modi?

The Guardian

Indian PM Modi is accused of helping Adani secure lucrative coal deals. Tim Buckley: “It’s interesting how the bigger Adani got in coal mining in India, the less momentum towards decarbonisation the Indian government seemed to be pursuing,” Read more
CEF in the media  |  Feb 15, 2023

The Adani Group Saga Is Far From Over

Time magazine

This Time magazine story summarises the post-Hindenburg report Adani crisis, quoting Tim Buckley on the fact that the allegations of the “world’s biggest con” mean the conglomerate will need to scale back its plans as it struggles to raise capital Read more
CEF in the media  |  Feb 14, 2023

Adani hit with investigation by Indian regulators as shares tumble again

The Guardian

As Indian financial regulator the Securities and Investments Board of India investigates Adani, Tim Buckley said the Group will try to weather the storm. “It is going into cash preservation mode. Adani might have to sell some assets but it won’t be terminal unless a regulator proves some of the allegations”. Read more
CEF in the media  |  Feb 11, 2023

The Adani cloud over India

Al Jazeera

Tim Buckley comments on the Hindenburg allegations against Adani, noting that when you see a hugely complex network of offshore companies associated with an entity whose operations are mostly in India, the onus is on the company to say why they exist. Read more
CEF in the media  |  Feb 11, 2023

The rise and fall of Gautam Adani

The Saturday Paper

Tim Buckley: “I’ve spent a lot of time looking at the Wirecard fraud in Germany. That was a financial services operator, worth about $24 billion, so much smaller than Adani, and in that case the auditors were asleep at the wheel, and politicians and regulators endorsed their business model, and that’s precisely what Hindenburg is alleging here.” Read more
CEF in the media  |  Feb 10, 2023

OP ED | Adani: Are we witnessing a corporate Hindenburg?

Renew Economy

Tim Buckley’s op ed on the Adani crisis precipitated by the 24 January report from research firm and short seller Hindenburg. What’s the background to these assertions, how credible are they, and what are the implications? Read more
CEF in the media  |  Feb 8, 2023

Only5mins! – Australia’s key minerals will make it a green energy superpower

PV Magazine

In this 5 minute explainer, Tim Buckley speaks to pv magazine about the crisis threatening Adani Group, the “positive outlook” for Australian renewables, and the nation’s potential to become a clean energy superpower, including supplying the value added critical minerals the world needs for the energy transition. Read more
CEF in the media  |  Feb 7, 2023

CEF’s Buckley on the Adani crisis


Tim Buckley discusses his outlook on the crisis grappling billionaire Gautam Adani in an extended interview on Bloomberg Markets Asia, identifying a core issue: the Indian regulators have been asleep at the wheel, meaning Adani Group, which owns major strategic assets including ports and airports, has been above the law, with investigations into its activities unresolved. Read more
CEF in the media  |  Feb 7, 2023

Adani Group: Can embattled India tycoon recover from $100bn loss?


In this interview with the BBC, Tim Buckley observes that “most of Adani’s ambitious projects will have to be heavily scaled back in ambition and timetable, because they will have next to no capacity to raise funds right now,” given the accusations of systemic fraud in the Hindenburg report. Read more
CEF in the media  |  Feb 6, 2023

Adani’s Crisis Points to the Big Risk in India’s Net Zero Plan


Tim Buckley: “Will [the Hindenburg report] damage Adani? Categorically. It should have already. You’ll find a lot of Western capital will now avoid the Adani group. It is going to put Adani’s ability to access global western capital, and in particular green capital and ESG capital at risk.” Read more
CEF in the media  |  Feb 6, 2023

Adani crashes and burns, accused of ‘biggest con in corporate history’


Tim Buckley: “India would be a lot more effective in delivering on decarbonisation of its economy and powering its future with sustainable energy if it wasn’t for the pervasive corrupting influence of coal permeating through all government decisions there, like it is here in Australia. Let Adani’s downfall be a warning to Australian companies greenwashing their climate transgressions behind clever accounting magic.” Read more

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