US alternative asset manager Brookfield will invest up to $600mn in India’s ACME Cleantech Ventures to help develop and build green ammonia, green methanol projects in India the companies said on September 17, 2026.
The investment in green ammonia, green methanol projects in India will be made through Brookfield’s Brookfield Global Transition Fund strategy and represents Brookfield’s entry into the low-carbon fuels sector in the region.
The funding will support an advanced pipeline of projects in India and Oman as ACME looks to boost production of green ammonia and other low-carbon fuels for domestic and export markets, it said.
ACME has signed supply deals with customers such as Norway’s Yara International, Japan’s IHI Corporation and Mitsubishi Gas Chemical and Indian buyers.
As industries look for alternatives to fossil fuels to lower emissions and meet decarbonization targets, demand for green fuels is anticipated to grow.
Brookfield already has a large footprint in India’s renewable energy space, with a portfolio of around 50 gigawatts of operating and pipeline wind and solar assets.