Brookfield Asset Management Inc shares are trading lower on Tuesday. The company disclosed a strategic funding partnership with Infinium to invest up to $1.1 billion to advance eFuels production.

As per the deal, Brookfield will invest more than $200 million in Infinium and its Project Roadrunner in West Texas, with up to an additional $850 million for other global Infinium eFuels projects, contingent on pre-agreed metrics.

This investment, made through the Brookfield Global Transition Fund (BGTF I), marks Brookfield’s first direct investment in sustainable aviation fuel and positions it as the lead in Infinium’s Series C Preferred Stock offering.

Notably, Infinium has recently secured a strategic deal with American Airlines, which will start purchasing commercial volumes of Infinium eSAF from Project Roadrunner in 2026.

Jehangir Vevaina, Managing Partner at Brookfield, said, “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.”

“In addition to Roadrunner, Infinium has a large pipeline of well positioned projects to help meet the demand for the structurally short eFuels market, and we are looking forward to the opportunity to participate in the development of further eFuels projects through follow-on investments.” 

In June, Brookfield Asset Management ( BAM ) agreed to acquire a 53.12% stake in France’s Neoen. Brookfield’s offer implies an equity value of 100% of the shares of EUR 6.1 billion.

Price Action: BAM shares are down 0.57% at $41.98 at the last check Tuesday.

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