Renewable fuels producer Infinium will receive investments of as much as $1.1 billion from Canada-based private equity firm Brookfield Asset Management, the companies announced on Tuesday September 10.
The infusion will come from the $10 billion Brookfield Global Transition Fund II, which followed the firm’s first $15 billion fund.
Infinium produces sustainable aviation fuel (SAF), renewable diesel and naphtha via the power-to-liquids production pathway.
Infinium’s Project Roadrunner will receive around $200 million, with another $850 million going to other Infinium global projects.
Project Roadrunner is Infinium’s second planned facility, intended to convert a petroleum gas-to-liquids facility in west Texas, in the US, into a power-to-liquids renewable fuels production plant.
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