Infinium, the pioneer of ultra-low carbon eFuels, has announced the acquisition of Greyrock Technology, a leader in gas conversion solutions, alongside the completion of the first tranche of a Series C Preferred Stock fundraise led by Brookfield Asset Management.

The funding round introduced several prominent investors, including the Japan Hydrogen Fund, Development Bank of Japan, Japan Organisation for Metals & Energy Security, Mitsubishi Corporation, University of Michigan, and RockCreek. They join existing stakeholders such as Amazon, AP Ventures, Mitsubishi Heavy Industries, SK, Neuman & Esser, and NextEra Energy Resources. BofA Securities acted as the placement agent for the fundraise.

This new capital infusion will support Infinium’s growing project pipeline and expand its market offerings in advanced energy solutions.

Infinium’s North American production facility, Project Pathfinder, is the first in the world to produce and ship commercial volumes of ultra-low carbon eFuels to customers across the United States and Europe. Designed as drop-in synthetic alternatives to conventional fuels, eFuels reduce lifecycle greenhouse gas emissions by over 90 percent.

Customers include leading companies such as Amazon, American Airlines, Borealis, and airline consortium IAG. Infinium eFuels provide a viable solution for reducing emissions in hard-to-abate sectors like aviation, shipping, and heavy transportation without requiring new infrastructure.

Robert Schuetzle, CEO of Infinium, remarked: “Infinium eFuels allow our customers to use their existing infrastructure — planes, trucks, ships — while dramatically reducing greenhouse gas emissions in hard-to-abate categories. The continued confidence of our investors demonstrates the growing demand for sustainable energy solutions that give our customers flexibility to solve their greatest energy challenges.”

The acquisition of Greyrock Technology strengthens Infinium’s intellectual property portfolio, now encompassing over 250 global patents. Greyrock’s expertise in proprietary catalysts and Power-to-Liquids technologies enhances Infinium’s capacity to deliver cutting-edge gas conversion solutions across a broad range of applications.

This strategic move cements Infinium’s position as a leader in sustainable energy innovation, providing scalable solutions to meet the growing global demand for decarbonisation in energy-intensive industries.

For more information visit www.infiniumco.com

17th January 2025