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Infinium Expands eFuels Portfolio with Acquisition of Greyrock Technology

Infinium, a pioneer in sustainable energy solutions, has made significant strides in enhancing its operational capacity by completing the acquisition of Greyrock Technology. This acquisition aligns with the recent completion of a Series C investment round, which has attracted notable investors, including Brookfield Asset Management, Japan Hydrogen Fund, and University of Michigan.

Series C Investment Details

Infinium's Series C funding round has proven vital for the company's growth trajectory. With the involvement of high-profile investors such as Amazon, Mitsubishi Corporation, and NextEra Energy Resources, Infinium intends to facilitate the expansion of its project pipeline and enhance its offerings in the advanced energy solutions domain.

The funds acquired from this latest round will enable the company to bolster its innovative drive and explore new avenues in the production of ultra-low carbon eFuels. According to industry reports, these eFuels can help reduce lifecycle greenhouse gas emissions by over 90% in the transportation and manufacturing sectors when compared to conventional fossil fuels.

A Closer Look at Greyrock Technology

The acquisition of Greyrock Technology represents a strategic move for Infinium, as it significantly enhances the company's intellectual property portfolio. Infinium now boasts over 250 patents worldwide, including proprietary catalysts designed for gas conversion technologies and Power-to-Liquids solutions. These advancements position Infinium at the forefront of the energy transition, aiming to provide comprehensive solutions to meet the growing demands for cleaner energy.

Robert Schuetzle, CEO of Infinium, highlighted, "Infinium eFuels allow our customers to utilize their existing infrastructure — planes, trucks, and ships — while substantially mitigating greenhouse gas emissions in hard-to-abate categories." This flexibility is critical as industries pivot towards sustainability goals, further indicating the increasing demand for innovative energy solutions.

The Future of eFuels

As the first company to produce and deliver commercial volumes of ultra-low carbon eFuels globally, Infinium's production site, known as Project Pathfinder, continues to set benchmarks in the industry. The company has already begun supplying eFuels to clients in the United States and Europe, including major players such as American Airlines and Borealis.

The promising trajectory in Infinium’s progress embodies a broader shift within the energy sector. As the world increasingly pivots towards sustainable practices, Infinium's innovative technologies present a viable alternative for industries grappling with greenhouse gas emissions. From the strategic acquisition of Greyrock Technology to the robust investment backing, Infinium is poised for a future where eFuels play a critical role in reducing our carbon footprint.

For further inquiries and updates on Infinium's advancements, visit Infinium's official website.