Our member Infinium and Breakthrough Energy Catalyst have recently announced a $75 million project equity investment commitment to support Infinium’s Project Roadrunner.
The Project Roadrunner is our member’s second commercial-scale eFuels project. Located in West Texas (US), where low-cost renewable energy is available, Project Roadrunner will produce mostly Infinium eSAF – sustainable aviation fuel produced from renewable power and waste CO2 – but also smaller volumes of eDiesel for the trucking and maritime industries and eNaphtha that will be turned into low carbon plastics. This first-of-a-kind commercial-scale Power-to-Liquids (PtL) eFuels facility is expected to be the largest PtL eFuels project in North America once operational.
The Roadrunner investment is Breakthrough Energy Catalyst’s first announced equity investment. Catalyst, a program within the larger Breakthrough Energy network, is a new model for public-private sector partnership to help build the foundation of the Net Zero economy. Catalyst brings together corporate and philanthropic organisations to accelerate the deployment of essential technologies by funding emerging cleantech innovation through commercial-scale projects.
Please find the full joint press release here.