Development Bank of Japan Inc. ("DBJ") has announced its participation in the latest round of funding of Infinium Holdings, Inc. ("Infinium"). Headquartered in California, with plant operations and project development staff throughout Texas, United States, and other locations, Infinium is led by CEO Robert Schuetzle.
Infinium is a leading provider of energy solutions, including ultra-low carbon eFuels, which are a new class of synthetic fuels created using renewable power and waste carbon dioxide. Infinium eFuels such as eSAF* and eDiesel can be dropped into existing trucks, planes and ships, significantly reducing harmful carbon dioxide emissions compared to fossil-based fuels. The company has succeeded in commercialization of the world's first commercial-scale eFuel plant in Texas (Project Pathfinder, Corpus Christi).
Infinium eFuel products include eSAF, eDiesel and eNaphtha. Each of them contributes to the energy transition away from conventional fossil fuels and is targeted toward hard-to-abate industries such as aviation, shipping, maritime, and chemicals. The aviation sector, in particular, has growing SAF demand driven by regulations, policies, and decarbonization targets globally, and the SAF market has been in a structural supply shortage. eSAF is a next generation aviation fuel that can mitigate feedstock procurement constraints and reduce CO2 emission over 90% compared to fossil fuels.
With materiality such as "Formation of sustainable infrastructure" and "Technical innovation and restructuring of industry," DBJ expects Infinium's innovative catalyst technologies, and capabilities on project development and operations to support its global business development with this growth investment. DBJ will support our clients' efforts to achieve carbon neutrality in accordance with our corporate philosophy, "Design the future with financial expertise: Continue to expand financial frontiers; Provide the best solutions for customers and society; Pursue sustainable development for Japan and the world."
*SAF stands for sustainable aviation fuel. While conventional jet fuels are refined from crude oil, SAF is made from waste cooking oil, biomass, and hydrogen. eSAF is produced through synthesis of hydrogen and CO2 and is expected to represent 50% of all SAF globally by 2050.
Inquiries:
Corporate Finance Department, Division 5
Telephone number: +81-3-3244-1620
DBJ invested in Infinium Holdings,Inc.
-Investment in the US eFuel developer and producer -
2025/01/17
- News
- Americas
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