Archive · 18 Sep 2026
Brookfield Invests $600 Million in ACME Green Molecules
Brookfield is investing $600 million in an ACME Group company.
The money will help build projects that make cleaner fuels and chemicals.
These projects include green ammonia and green methanol facilities.
They will be developed in India and Oman.
Two green ammonia projects and one green methanol project are planned in Odisha.
The funding will also support the second phase of an Oman project.
The first phase of the Oman green ammonia project is already fully funded.
The exact company valuation and ownership stake will be decided by the end of this year.
Both companies said the partnership supports the shift toward cleaner energy.
Brookfield will invest $600 million in ACME Cleantech Ventures through its Brookfield Global Transition Fund.
The equity investment will support green molecule projects in India and West Asia.
Funding will go toward Oman project Phase 2, two green ammonia projects in Odisha, and an Odisha green methanol project.
The investment’s valuation and stake are expected to be finalized by the end of this year.
ACME said it generally retains a significant majority in its projects and business entities.
- Who
- Brookfield and ACME Group’s ACME Cleantech Ventures are involved.
- What
- Brookfield will make a $600 million equity investment to develop ACME’s green molecule projects.
- When
- The article does not specify the announcement date; the valuation and stake are expected to be finalized by the end of this year.
- Where
- The projects are in India and West Asia, including Odisha and Oman.
- Why
- The investment will fund green ammonia and green methanol projects and support energy-transition and decarbonization goals.
- Investment amount
- $600 million, described as about Rs 5,760 crore
- Investor
- Brookfield, through the Brookfield Global Transition Fund
- Recipient
- ACME Cleantech Ventures, a UK-based privately held entity within ACME Group
- Investment structure
- Equity deal
- Projects funded
- Oman project Phase 2, two green ammonia projects in Odisha, and a green methanol project in Odisha
- Oman Phase 1
- The first phase of the Oman green ammonia project is fully funded
- ACME ownership
- ACME normally holds a significant majority in its projects and business entities