Sept 10 (Reuters) - Brookfield Asset Management ( BAM )

will invest up to $1.1 billion in Infinium, in a push to

accelerate the availability of low-carbon sustainable aviation

fuels (SAF), the companies said on Tuesday.

WHY IT'S IMPORTANT

Sustainable aviation fuels, which are developed by companies

such as Infinium, offer ultra-low carbon alternatives to

fossil-based fuels, which can be used as replacements in planes,

ships, trucks and manufacturing processes.

These fuels have seen a surge in investments, driven by the

U.S. Environmental Protection Agency's Renewable Fuel Standard.

Infinium, a key player, provides electrofuels or eFuels like

e-SAF and e-Diesel, produced by synthesizing captured CO2 and

hydrogen from renewable or CO2-free electricity.

e-SAF is a cleaner alternative to SAF, but its production is

limited, with few refineries and airlines committed to its use.

CONTEXT

According to the International Energy Agency, global

energy-related CO2 emissions hit a record high last year.

Scientists have stressed the need to make steep cuts in CO2

emissions from fossil fuels to limit a rise in global

temperatures and prevent runaway climate change.

BY THE NUMBERS

Brookfield will invest more than $200 million in Infinium's

Roadrunner project, which is currently under development in West

Texas.

The asset manager will invest an additional $850 million in

other e-Fuels projects owned by Infinium globally.

Brookfield will join Breakthrough Energy Catalyst, which

made a $75 million investment in Infinium's Roadrunner project

last year.

In tandem with Catalyst's investment, Infinium had singed a

deal with American Airlines ( AAL ) to sell commercial volumes

of e-SAF starting in 2026.

KEY QUOTES

"In addition to Roadrunner, Infinium has a large pipeline of

well-positioned projects to help meet the demand for the

structurally short (high demand, low supply) eFuels market,"

Brookfield said in a statement.