Brookfield to invest up to $1.1 bln in sustainable fuels provider Infinium

Brookfield Invests $1.1 Billion Into Green Fuel Maker Infinium

Brookfield Asset Management will invest up to $1.1 billion in Infinium.
The investment includes more than $200 million in Infinium's Roadrunner project in West Texas.
Brookfield will invest an additional $850 million in other e-Fuels projects owned by Infinium globally.
Infinium produces sustainable aviation fuels (SAF) and electrofuels (eFuels) using captured CO2 and renewable energy.
Infinium has signed a deal with American Airlines to sell commercial volumes of e-SAF starting in 2026.

Brookfield Asset Management has announced a substantial investment of up to $1.1 billion in Infinium, a company specializing in sustainable aviation fuels and electrofuels. This investment is aimed at accelerating the availability of low-carbon fuels, which are essential for reducing CO2 emissions in the aviation sector. The deal includes over $200 million allocated to Infinium's Roadrunner project currently under development in West Texas, along with an additional $850 million for other e-Fuels projects worldwide. Infinium's innovative approach involves producing fuels using captured CO2 and renewable energy sources, positioning it as a key player in the transition to sustainable energy. Furthermore, Infinium has secured a partnership with American Airlines to begin selling commercial volumes of its sustainable aviation fuel starting in 2026, highlighting the growing demand for cleaner fuel alternatives in the aviation industry.

Brookfield Asset Management is set to invest up to $1.1 billion in Infinium to enhance the production of low-carbon sustainable aviation fuels. This investment includes significant funding for Infinium's Roadrunner project in West Texas and other global e-Fuels initiatives.

Brookfield to Invest $1.1 Billion in Infinium for Sustainable Fuels

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Brookfield to Invest $1.1 Billion in Infinium for Sustainable Fuels

9/10/2024

[0]Reuters

[1]Bloomberg.com

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