Green hydrogen-based e-fuels firm Infinium has secured up to $1.1bn of investment from Canada’s Brookfield Asset Management.
Under the deal revealed today (September 10), Brookfield has committed to invest up to $200m in the company, with an additional $850m earmarked for Infinium’s second project in Texas, subject to “pre-agreed metrics.”
Project Roadrunner will produce primarily e-sustainable aviation fuels (e-SAF) from green hydrogen and capture carbon dioxide (CO2), as well as some e-diesel for transport and e-naphtha for low-carbon plastics.
American Airlines has already signed up to offtake volumes of the e-SAF from 2026.
Having started production at its Project Pathfinder in Corpus Christi, Texas, in March, Robert Schuetzle, CEO of Infinium said Roadrunner will bring additional volumes of e-fuels to scale global supplies.
Following on Breakthrough Energy Catalyst’s previous $75m investment in the second project, the Brookfield capital commitment will be hoped to drive the development forward.
“Our investment is structured to provide the capital Infinium needs to accelerate the production of SAFs to meet the growing demand from corporate customers while generating attractive risk-adjusted returns for Brookfield,” explained Jehangir Vevaina, Managing Partner at Brookfield.
Schuetzle, added, “Our investors continue to demonstrate their confidence in Infinium and the huge potential for e-fuels in the marketplace.”
Claiming to have more than a dozen projects in development across the US, EU, Japan and Australia, Infinium has also revealed plans for its Reuze plant in Dunkirk, France.
Being undertaken in partnership with ENGIE, the project will use 400MW of electrolysis and captured CO2 from a Dunkirk steel plant to produce e-fuels.
Extracted in full from: https://www.h2-view.com/story/infinium-secures-1-1bn-investment-from-brookfield-for-hydrogen-e-fuel-expansion/2114681.article/
