Brookfield Invests $1.1 Billion in Green Fuel Maker Infinium

  • Deal marks Brookfield’s first investment in green jet fuel
  • Infinium makes fuel using water, Co2 and clean energy.

Brookfield Asset Management Ltd. is investing up to $1.1 billion in the low-carbon e-fuels startup Infinium.

The Canadian asset manager agreed to invest more than $200 million into Infinium’s Project Roadrunner that’s under development in West Texas and up to $850 million in other Infinium projects around the world, according to a statementBloomberg Terminal Tuesday.