Brookfield, Infinium Announces Strategic Funding Partnership; Brookfield To Invest Up To $1.1B
Portfolio Pulse from Benzinga Newsdesk
Brookfield has announced a strategic funding partnership with Infinium, committing to invest up to $1.1 billion. This includes over $200 million for Infinium's Project Roadrunner in West Texas and up to $850 million for other global eFuels projects.
September 10, 2024 | 11:20 am
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Brookfield Asset Management (BAM) is investing up to $1.1 billion in Infinium's eFuels projects, including $200 million for Project Roadrunner in Texas. This strategic partnership could enhance BAM's portfolio in sustainable energy.
The investment signifies a substantial commitment by Brookfield to expand its presence in the sustainable energy sector. The $1.1 billion investment, particularly in innovative eFuels projects, could positively impact BAM's stock by enhancing its growth prospects and aligning with global sustainability trends.
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