Brookfield Asset Management is committing up to $1.05 billion to support Infinium and its electrofuels platform, marking the firm’s first major venture into sustainable aviation fuels (SAF). The company announced the investment on Tuesday, signaling a substantial step toward decarbonizing the aviation sector.
Strategic Partnership to Boost Project Roadrunner
The investment includes a direct $200 million contribution from the Brookfield Global Transition Fund for Infinium’s Project Roadrunner, a commercial-scale electrofuels facility in West Texas. Once completed, Project Roadrunner is expected to be the largest electrofuels project worldwide.
In addition to this initial investment, Brookfield has pledged up to $850 million to support Infinium’s other global electrofuels initiatives. Brookfield will also lead Infinium’s Series C preferred stock offering, according to the company’s statement on Tuesday.
Brookfield $1B Pledge : A Vision for Sustainable Aviation
“We are very excited to be partnering with Infinium, a leader in the development and production of ultra-low carbon intensity drop-in fuel alternatives,” said Jehangir Vevaina, managing partner at Brookfield. “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, while generating attractive risk-adjusted returns for Brookfield.”