Brookfield Eyes $15 Billion Investment In Green Steel ...Middle East

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Brookfield Eyes $15 Billion Investment In Green Steel
source : OILPRICE ( Middle East ) () 42
Brookfield Asset Management has disclosed plans to raise some $15 billion for a decarbonization push in the steelmaking industry using so-called green hydrogen. The firm recently launched the Brookfield Global Transition Fund II, which will invest in technologies such as hydrogen produced via hydrolysis using wind and solar power, and carbon capture. It will also invest in more mature areas such as wind and solar, as well as batteries. “What we like are real assets with strong, visible cashflows,” Brookfield’s managing partner…

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