Brookfield Commits Up to $1.1 Billion to Infinium to Scale eFuels Production
September 17, 2024
Brookfield Asset Management, via the first vintage of its Brookfield Global Transition Fund (BGTF I), committed an initial $200+ million and up to $850 million in follow-on capital to Infinium to accelerate deployment of its ultra-low-carbon eFuels platform and Project Roadrunner in West Texas. The funding will include Brookfield leading Infinium's Series C preferred stock offering and supports scaling Infinium's eSAF, eDiesel and eNaphtha production to meet growing airline and industrial offtake demand.
- Buyers
- Brookfield Asset Management, Brookfield Global Transition Fund (BGTF I)
- Targets
- Infinium
- Industry
- Renewable Energy
- Location
- California, United States
- Transaction Type
- Growth capital
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