Brookfield Invests $600M in ACME Green Fuels
Brookfield will invest up to $600 million in India based ACME Cleantech Ventures to develop green ammonia and methanol projects. The funding supports low carbon fuel expansion in India and Oman.
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BROOKFIELD CORP will invest up to $600 million in India's ACME Cleantech Ventures to develop green ammonia and methanol projects, the companies said Thursday morning. The funding marks Brookfield's first foray into the regional low-carbon fuels sector. The alternative asset manager is deploying the capital through its Brookfield Global Transition Fund strategy.
