Brookfield to Invest Up to $600 Million in ACME’s Green Molecule Platform

Brookfield has announced an investment of up to $600 million in ACME Cleantech Ventures, a UK-based entity of the ACME Group, to support the development and construction of green molecule projects across India and the Middle East.

The investment is being made through Brookfield’s Global Transition Fund strategy and marks the investment firm’s entry into the region’s growing green molecules sector.

The funding will support ACME’s pipeline of green ammonia and green methanol projects, including developments planned across India and Oman.

ACME said the investment will help advance projects designed to supply clean fuels and industrial feedstock to both domestic and international markets. Green ammonia and green methanol are emerging as potential alternatives for reducing emissions in sectors where direct electrification can be challenging.

The company has already established offtake partnerships with several domestic and international organisations. These include Yara International, IHI Corporation, Mitsubishi Gas Chemicals, Solar Energy Corporation of India (SECI), IFFCO, Paradeep Phosphates, Coromandel International and Indorama India.

These partnerships are expected to support demand for ACME’s planned green molecule production as the company develops projects serving multiple international markets.

Brookfield said growing demand for green molecules is creating opportunities for scalable decarbonisation while also contributing to energy security.

ACME Chairman Manoj Upadhyay said the partnership with Brookfield would support the company’s ambition to develop cost-competitive green molecule projects capable of serving customers across Asia, Europe and other regions.

The investment strengthens ACME’s plans to expand its green ammonia and methanol portfolio while highlighting increasing institutional investment in clean fuels and industrial decarbonisation technologies.