TSE:7013Machinery
Did Green Fuel Supply Deals Just Shift IHI (TSE:7013) Stock Narrative?
Brookfield Asset Management previously agreed to invest up to US$600 million in India’s ACME Cleantech Ventures to fund green ammonia and green methanol projects, with ACME already holding supply agreements with IHI Corporation for low carbon fuels.
IHI’s role as an offtaker for ACME’s green fuels ties its clean energy ambitions to large scale project execution and long term infrastructure capital, rather than short term pilot activity.
We will now examine how IHI's investment narrative...