Brookfield to Invest up to $600 mn in ACME’s Green Molecule Business
POWER & RENEWABLE ENERGY

Brookfield to Invest up to $600 mn in ACME’s Green Molecule Business

Brookfield will invest up to $600 mn in ACME Cleantech Ventures, a UK-based privately held entity within the ACME Group, to support the construction of green molecule projects in India and West Asia. The investment will be made through Brookfield Global Transition Fund, which focuses on net-zero carbon opportunities.

Brookfield said the transaction marked its entry into the region’s green molecules sector and would combine its institutional capital and global scale with ACME’s operating capabilities. The funding is intended to support clean-fuel projects that can help industrial customers reduce emissions across Asia and Europe.

Green molecules, including green hydrogen, ammonia and methanol, are produced using zero-carbon energy. Brookfield has more than $1 tn in assets under management and an energy portfolio that includes approximately 50 GW of wind and solar assets operating or under development in India.

ACME’s portfolio includes an operational green ammonia facility in Bikaner, Rajasthan, and a green ammonia project under development in Duqm, Oman. The company is also establishing facilities in Odisha under a Green Ammonia Purchase Agreement with the Solar Energy Corporation of India, alongside a joint venture with IHI and an offtake contract with Mitsubishi Gas Chemicals.

The structured equity funding will be deployed across four projects: Oman Phase 2, two green ammonia projects and a green methanol project in Odisha. ACME has secured offtake partnerships with Yara International, IFFCO, Paradeep Phosphates, Coromandel International and Indorama India. The equity valuation is expected to be decided by the end of 2026, while ACME will retain a significant majority in its projects and business entities.

Oman Phase 1 is fully funded and is expected to begin operations by March 2027. The Paradeep green ammonia project and the Odisha green methanol project are scheduled for 2028, while the ACME-IHI joint venture’s green ammonia project is expected to become operational in 2029.

Brookfield will invest up to $600 mn in ACME Cleantech Ventures, a UK-based privately held entity within the ACME Group, to support the construction of green molecule projects in India and West Asia. The investment will be made through Brookfield Global Transition Fund, which focuses on net-zero carbon opportunities. Brookfield said the transaction marked its entry into the region’s green molecules sector and would combine its institutional capital and global scale with ACME’s operating capabilities. The funding is intended to support clean-fuel projects that can help industrial customers reduce emissions across Asia and Europe. Green molecules, including green hydrogen, ammonia and methanol, are produced using zero-carbon energy. Brookfield has more than $1 tn in assets under management and an energy portfolio that includes approximately 50 GW of wind and solar assets operating or under development in India. ACME’s portfolio includes an operational green ammonia facility in Bikaner, Rajasthan, and a green ammonia project under development in Duqm, Oman. The company is also establishing facilities in Odisha under a Green Ammonia Purchase Agreement with the Solar Energy Corporation of India, alongside a joint venture with IHI and an offtake contract with Mitsubishi Gas Chemicals. The structured equity funding will be deployed across four projects: Oman Phase 2, two green ammonia projects and a green methanol project in Odisha. ACME has secured offtake partnerships with Yara International, IFFCO, Paradeep Phosphates, Coromandel International and Indorama India. The equity valuation is expected to be decided by the end of 2026, while ACME will retain a significant majority in its projects and business entities. Oman Phase 1 is fully funded and is expected to begin operations by March 2027. The Paradeep green ammonia project and the Odisha green methanol project are scheduled for 2028, while the ACME-IHI joint venture’s green ammonia project is expected to become operational in 2029.

Related Stories

Gold Stories

Next Story
Equipment

Terex to Acquire Keestrack, Expanding Crushing Portfolio

Terex Corporation has signed a definitive agreement to acquire Keestrack, a manufacturer of mobile crushing, screening and related equipment for the aggregates, recycling, construction and demolition industries. Financial terms were not disclosed.Founded in Belgium in 1988, Keestrack serves customers in more than 65 countries through a network of over 70 distributors. The acquisition will expand Terex Materials Processing’s crushing and screening portfolio and add manufacturing and distribution capabilities.After completion, Keestrack will continue as an independent brand within the Terex Ma..

Next Story
Infrastructure Energy

IES Taskforce Reviews Final Report on Power-Sector Digital Platform

The India Energy Stack (IES) Taskforce has reviewed its Final Report in New Delhi. The document sets out a strategy, architecture, governance framework and pathway to scale IES as digital public infrastructure for India’s power sector. The Ministry of Power constituted the Taskforce in June 2025.The report was presented by Prince Dhawan, Executive Director, REC Limited, and Swetha Ravi Kumar, Executive Director, FSR Global. Dr Ram Sewak Sharma, Chairperson of the Taskforce, outlined the way forward.IES is a common set of open standards and protocols designed to let utilities, regulators, mar..

Next Story
Infrastructure Urban

LANXESS, HINCOL Partner on Road Construction Technologies

LANXESS India and Hindustan Colas Private Limited (HINCOL) have signed a Memorandum of Understanding to assess technical and commercial opportunities in bitumen and asphalt modification for India’s infrastructure market.The companies will conduct laboratory and commercial-scale evaluations of Addipave CR 36, LANXESS’ cross-linking technology for polymer-modified bitumen (PMB). LANXESS will provide the product, technical expertise and trial support, while HINCOL will contribute testing facilities, operational support and performance assessments under local conditions. The trials will examin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code