New Delhi, Sept. 17 -- Private equity major Brookfield will invest up to $600 million in ACME Cleantech Ventures to support the development of an advanced pipeline of ACME's green molecule projects in India and West Asia. UK-based ACME Cleantech Ventures is a privately held entity within the ACME Group dedicated to the group's green molecules projects. The equity valuation for the structured deal is expected to be finalized by the end of 2026, ACME Group chairman Manoj Upadhyay told Mint.

Nawal Saini, managing partner and head of energy for South Asia and the Middle East at Brookfield, said the investment marks Brookfield's entry into the green molecules sector in the region and combines its global scale and institutional capital with AC...