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- Brookfield to Invest $1.1 Billion in Infinium to Scale Ultra-Low Carbon eFuels
Brookfield to Invest $1.1 Billion in Infinium to Scale Ultra-Low Carbon eFuels
Slice of Energy Team
September 20, 2024
Key Highlights:
Brookfield commits up to $1.1 billion to Infinium, advancing sustainable fuel projects.
Investment will support Project Roadrunner in West Texas and global eFuels projects.
Infinium's eFuels, including eSAF, can reduce emissions by 90%, addressing aviation and long-haul trucking needs.
Infinium recently secured a deal with American Airlines for eSAF, starting in 2026.
Source: PR Newswire
Notable Quotes:
"Brookfield is a tremendous partner, and we are thrilled to secure this additional capital as we scale eSAF production to meet the overwhelming demand from the aviation industry."
"Our investment is structured to provide the capital Infinium needs to accelerate the production of sustainable aviation fuels to meet the growing demand from corporate customers."
Our Take:
This strategic partnership between Infinium and Brookfield is a significant milestone in scaling the production of sustainable fuels. Infinium's proprietary eFuels technology addresses a critical need in decarbonizing sectors like aviation and long-haul transportation, which are harder to electrify. Brookfield's investment is not only a testament to Infinium's leadership in the clean energy space but also an indication of the growing momentum in the global transition to ultra-low carbon solutions. This funding will likely accelerate the adoption of eFuels, with ripple effects across industries reliant on fossil-based fuels today.