Leela Hotels, owned by Brookfield Asset Management, is set to expand its portfolio with eight new properties, adding 833 rooms by 2028. The company is also launching a ₹5,000 crore IPO to reduce debt and fuel growth, marking a significant move for the luxury hotel chain in India.
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Brookfield Asset Management Inks $1.5 Billion Deal with Castlelake, Plans Fifth Avenue Property Sale
Brookfield Asset Management is making headlines with a strategic partnership with Castlelake and a potential sale of its luxury retail property on New York’s Fifth Avenue. The company is also investing in sustainable aviation fuel production, highlighting its commitment to green initiatives.
Brookfield Asset Management is investing up to $1.1 billion in Infinium, a company producing sustainable aviation fuels (eFuels). This investment, through Brookfield’s Global Transition Fund, marks its first direct investment in this sector and will see Brookfield take a lead role in Infinium’s Series C Preferred Stock offering. The investment will support the development of Infinium’s Project Roadrunner in West Texas and other global eFuels projects.
Infinium, a leading eFuels company, has secured a $1.1 billion investment from Brookfield Asset Management to expand its sustainable aviation fuel (eSAF) production. This strategic partnership will accelerate the development of Infinium’s Project Roadrunner in West Texas and other global eFuels projects, marking Brookfield’s first direct investment in sustainable aviation fuel. The investment will support the growing demand for eSAF in the aviation industry and contribute to the decarbonization of transportation.
Infinium, a leading producer of sustainable aviation fuel (eSAF), has secured a substantial investment from Brookfield Asset Management to accelerate the production of its low-carbon fuels. The investment will fund the expansion of Infinium’s Project Roadrunner in West Texas, a crucial step towards meeting the growing demand for sustainable aviation fuel and decarbonizing the aviation industry.