Brookfield Asset Management to invest up to $1.1B in Infinium

Infinium and Brookfield Asset Management announced a strategic funding partnership to accelerate the growth of Infinium’s eFuels platform. Infinium eFuels-which includes eSAF, a next generation sustainable aviation fuel-can reduce lifecycle greenhouse gas emissions by approximately 90% or more compared to today’s conventional fuels. Under the terms of the deal, Brookfield has committed to invest more than $200M in Infinium and Infinium’s Project Roadrunner that is under development in West Texas and up to an additional $850M for deployment of other Infinium eFuels projects globally, all subject to pre-agreed metrics. The investment will be made by the first vintage of the Brookfield Global Transition Fund and marks Brookfield’s first direct investment in sustainable aviation fuel. Brookfield will also serve as lead in Infinium’s Series C Preferred Stock offering.