Brookfield pumps $600 million into ACME’s green molecule venture across India and West Asia

In a filing dated September 17, 2026, Brookfield announced a fresh infusion of capital – up to $600 million – into ACME Cleantech Ventures. The money is earmarked for the design, construction and early‑stage operation of green‑molecule facilities, primarily green ammonia and green methanol, across India and the wider West Asian region.

ACME’s strategy is already gathering steam. The firm has locked in offtake agreements with a who’s‑who of the chemicals and fertilizer world – Yara International, IHI Corp., Mitsubishi Gas Chemicals – as well as big Indian players like IFFCO, Paradeep Phosphates, Coromandel International and Indorama India. Those contracts, the company says, give it a solid runway to churn out low‑carbon fuels and feedstocks.

For Brookfield, this is more than just another deal. It signals its first foray into the fast‑growing green‑molecules space via the Brookfield Global Transition Fund, a vehicle built to fast‑track the shift toward a net‑zero carbon economy. “Green molecules are creating a new supply chain for fuel and feedstock globally while strengthening the long‑term energy security of nations,” noted ACME Group Chairman Manoj Upadhyay, adding that Brookfield’s backing is a “strong endorsement of ACME’s development and operating capabilities as well as the scale of the opportunity ahead.”

The Canadian‑American giant already boasts a massive renewable portfolio in India – roughly 50 GW of wind and solar assets that are either operating or in the pipeline. That scale, according to Nawal Saini, Managing Partner and Head of Energy for South Asia and the Middle East, gives Brookfield a unique platform to blend global capital with ACME’s on‑the‑ground expertise.

“The demand for green molecules continues to grow as companies and governments look for scalable ways to decarbonise while bolstering energy security,” Saini said. “This investment marks Brookfield’s entry into the green‑molecule sector in the region and combines our global scale and institutional capital with ACME’s operating capabilities.”

With the infusion, ACME plans to accelerate the rollout of its flagship green ammonia plants in India and its inaugural green methanol facility in Oman. The ambition, according to the executives, is to build a cost‑competitive, low‑carbon platform that can serve customers not just in Asia, but also in Europe and beyond.