Mitsubishi Corporation and JOGMEC Announce Investment in eFuels provider Infinium
TOKYO, Jan 17, 2025 – (JCN Newswire via SeaPRwire.com) – Mitsubishi Corporation (hereafter “Mitsubishi”) and Japan Organization for Metals and Energy Security (hereafter “JOGMEC”) have participated in the Series C round of Infinium Holdings, Inc. (hereafter “Infinium”). Following the success of its first commercial-scale project, known as Pathfinder located in Corpus Christi, Texas, Infinium plans to set up its second commercial-scale eFuels project, also known as Roadrunner, which is expected to be the world’s largest eSAF production facility when operational, located in Texas, USA.Infinium is one of the world leaders in production of eFuels, which are a new class of synthetic fuels that use green hydrogen and carbon dioxide to produce ultra-low carbon alternatives to traditional fossil-based fuels. They are the world’s first producer of commercially available ultra-low carbon eFuels and will continue to deploy their proprietary technology in the United States and other locations.Through this investment, Mit…